Mahindra & Mahindra records 10% growth in March auto sales

Sells 62,077 units in March 2018

Mahindra & Mahindra announced its auto sales performance for March 2018 which stood at 62,077 vehicles, compared to 56,202 vehicles during March 2017, a growth of 10%.

The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 26,555 vehicles in March 2018, a growth of 4%. In the commercial vehicle segment, the company sold 25,496 vehicles in March 2018, registering an 11% growth. The domestic sales stood at 58,653 vehicles during March 2018, registering a growth of 10%. In the Medium and Heavy Commercial Vehicles segment, M&M sold 1,377 vehicles for the month. Exports for March 2018 stood at 3,424 vehicles, a growth of 26%.

For the financial year ended March 31, 2018, Auto Sector sales stood at 5,49,154 vehicles compared to 5,07,598 vehicles during FY2017, registering a growth of 8%.

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