M&M sales pace up by 4% in December

Mahindra & Mahindra today reported 4% increase in total sales at 37,915 vehicles in December.

The company had sold 36,328 units in December 2014, M&M said in a statement.

In the domestic market, its sales were up 1% at 34,839 units last month as against 34,460 in December 2014.

Exports were up 65% at 3,076 units as against 1,868 units in the same period a year ago.

Sales of passenger vehicles, including Scorpio, XUV 500, Xylo, Bolero and Verito, stood at 18,197 units compared with 17,980 in December 2014, up 1%.

Commercial vehicle sales grew 1% to 12,465 units last month against 12,368 units in the year-ago period, M&M said.

"Inspite of a challenging external environment, we at Mahindra have closed December on a positive note. Having been encouraged with the positive response to our upcoming KUV100, we are excited about this compact SUV's launch on January 15, especially with our first mFalcon petrol offering," M&M Chief Executive (automotive division) Pravin Shah said.