Mahindra`s Auto Sector sells 18407 vehicles in July 2008

Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the US $6.7 billion Mahindra Group, announced its July 2008 automotive sales figures.

The company sold a total of 18407 vehicles (Domestic + Exports) in July 2008, as against 19163 vehicles (Domestic + Exports) sold in July 2007.

The company exported 1105 units in July 2008, as against 627 units exported in July 2007.

M&M’s domestic volumes for the month of July 2008 stand at 17302 units, as against 18536 units in July 2007.

M&M’s domestic YTD volumes for the month of July 2008 stand at 74169 units, as against 64890 units in the same period last year.

* Mahindra Navistar Automotives Limited

About The Mahindra Group
The US $6.7 billion Mahindra Group is among the top 10 industrial houses in India. Mahindra is the market leader in multi-utility vehicles in India It made a milestone entry into the passenger car segment with the Logan. Mahindra & Mahindra is the only Indian company among the top tractor brands in the world.

The Group has a leading presence in key sectors of the Indian economy, including the financial services, trade, retail and logistics, automotive components, after-market, information technology and infrastructure development. Mahindra is now poised to make an entry in the two-wheeler segment.

Mahindra's Farm Equipment Sector has recently won the Japan Quality Medal, the only tractor company worldwide to be bestowed this honour. It also holds the distinction of being the only tractor company worldwide to win the Deming Prize. The US based Reputation Institute recently ranked Mahindra among the top 10 Indian companies in its Global 200: The World's Best Corporate Reputation list.