Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, has reported its auto sales performance for January 2017 which stood at 39,303 vehicles, a fall of 10%, compared to 43,789 vehicles during January 2016.
The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 20,096 vehicles in January 2017, as against 22,088 vehicles during January 2016. The company’s domestic sales stood at 37,042 vehicles during January 2017, as against 40,693 vehicles during January 2016. Exports for January 2017 stood at 2,261 vehicles.
M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.