Mahindra and Mahindra has achieved an impressive 27% increase in sales in April 2012 compared to the sales in April 2011. In April 2012, M&M sold a total of 40719 units compared to the 32090 units in April 2011. Out of this, the domestic sales were 39299 units which rose by 29% compared to last year’s April sales of 30349 units. The passenger vehicles segment saw a growth of 33% selling 20558 units while the 4 wheeler commercial vehicles, 3 wheelers and MNAL grew 37%, 6% and 9% respectively. While the domestic sales saw an increase in all segments, there is a drop of 18% in the exports which does not impact the overall sales numbers much as the export numbers are quite small compared to the domestic sales numbers.
image – Mahindra XUV500
Passengers vehicles of Mahindra and Mahindra are one of the most important growth drivers with popular MPV and SUV range including the Mahindra Xylo, Mahindra Scorpio and highly popular Mahindra XUV500 which is still on long waiting periods. Mahindra has also refreshed it popular MPV Mahindra Xylo with new model a few months back which is also attracting a lot of buyers towards it with its new features.