Press Release For Immediate Dissemination
Mahindra’s Auto Sector clocks record breaking domestic sales of 27431 units in September 2009
Domestic UV sales grow by 36.8%
Mumbai, October 1, 2009: Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the US $6.3 billion Mahindra Group, today announced record breaking domestic auto sales of 27431 units for the month of September 2009, as against 24481 units in September 2008, an increase of 12.1%.
The total UV sales in September 2009 which includes the Scorpio, the XYLO, the Bolero and Pick-Ups stand at 21961 units as against sales of 16059 units in September 2008, which is a growth of 36.8%.
Mahindra’s YTD domestic sales stand at 132522 units in September 2009, as against 116971 units for the same period last year which is an increase of 13.3%.
The company sold a total of 28434 vehicles (Domestic + Exports) in September 2009 as against 25630 vehicles sold in September 2008.
About the Mahindra Group
Mahindra embarked on its journey in 1945 by assembling the Willys Jeep in India and is now a US $6.3 billion Indian multinational. It employs over 1,00,000 people across the globe and enjoys a leadership position in utility vehicles, tractors and information technology, with a significant and growing presence in financial services, tourism, infrastructure development, trade and logistics. The Mahindra Group today is an embodiment of global excellence and enjoys a strong corporate brand image.
Mahindra is the only Indian company among the top tractor brands in the world and has made an entry in the two-wheeler segment, which will see the company emerge as a full-range player with a presence in almost every segment of the automobile industry.
The Mahindra Group recently expanded its IT portfolio when Tech Mahindra acquired the leading global business and information technology services company, Satyam Computer Services. The company is now known as Mahindra Satyam.
Mahindra's Farm Equipment Sector is the proud recipient of 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 Reputations list.
Mahindra is also one of the few Indian companies to receive an A+ GRI checked rating for its first Sustainability Report for the year 2007-08.
For further enquiries, please contact:
Ms. Roma Balwani
VP & Head - Corporate Communication
Mahindra & Mahindra Ltd.
Phone: (+91-22) 24901441
Fax: (+91-22) 2490 0830
Email: balwani.roma@mahindra.com |
