Mahindra & Mahindra September sales up 4%

M&M’s domestic sales grew by 4.5 per cent to 42,408 units last month. File Photo

Auto major Mahindra & Mahindra (M&M) on Wednesday reported 3.7 per cent increase in total sales at 44,911 units in September.

It had sold 43,289 units in the same month last year, the company said in a statement.

M&M’s domestic sales grew by 4.5 per cent to 42,408 units last month as against 40,574 units a year earlier.

Sales of passenger vehicles including Scorpio, XUV 500, Xylo, Bolero and Verito stood at 19,893 units compared with 18,916 units in September 2013, up 5.16 per cent.

Four-wheel commercial vehicle sales by 8.63 per cent to 15,979 units in September 2014 as against 14,709 units in the year-ago month, M&M said.

Exports were down by 7.8 per cent to 2,503 units from 2,715 units in the same period a year earlier.

M&M Chief Executive Automotive Division and International Operations (AFS) Pravin Shah said, “The sales numbers for September have been encouraging and we are glad that the automotive industry is turning the bend.”

He further said, “We expect the ensuing festive season to bring in some much needed cheer with a slew of new launches from manufacturers... We do hope that the recently launched New Generation Scorpio will continue to be a trendsetter.”