Mahindra Total Sales Increased by 8 Percent in June 2016

Mahindra Total Sales Increased by 8 Percent in June 2016

The SUV major, Mahindra & Mahindra reported that its total sales increased by 8 percent to 39,011 units in June 2016. The total sales of the company (domestic and exports) in the year-ago period were 36,134 units. Being a domestic automaker, the company has sold 34,991 unit in the earlier month and reported a growth of 5 percent compared to the sales in the year-ago month, 33,282 units.

In the export market, sales were up 41 percent at 4,020 units in the last month compared with 2,852 units in June 2015. Mahindra Reva e2o and KUV 100 models exported to the few of markets, including Nepal and the UK.

Mahindra PV Sales:

Passenger vehicle sales increased 7 percent to 17,070 units in the last month as against 15,880 units in the year-ago month. The Mahindra cars like Scorpio, Xylo, XUV 500, Bolero, Verito, TUV 300 and KUV 100 are available in the domestic market at the reasonable prices.

Mahindra CV Sales:

Sales of commercial vehicles, including Bolero pick-up, Supro van, Imperio and Maxitruk, also went up to 6% to 13,540 units, from 12,737 units in the same month of last year.

The company has witnessed for the positive results in the market and the result will be influenced the company to get more sales in the coming festival period, according to Pravin Shah, Chief Executive (Automotive) of Mahindra.  This result to be influenced to increase the company demand as well as expand the rural success in the market.

Mahindra has introduced special versions, KUV 100 Xplorer, Scorpio Adventure with special effects, Scorpio with the 1.99litre engine and XUV 500 1.99l automatic to increase the domestic sales. To increase the electrical vehicle & hybrid segment in India, Mahindra has introduced the electric car eVerito. The small amount of electric and hybrid cars, including e2o, Maruti Ciaz and Ertiga available in the present market.

Content Source: Automotive Blog


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