Mumbai, Maharashtra, Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the US $6.3 billion Mahindra Group, today announced that its auto sales for the month of February 2010 stands at 27894 units, as against 19994 units in February 2009, an increase of 39.5%. The companys domestic sales stand at 26580 units, as against 19594 units in February 2009, an increase of 35.7%. Exports have grown by 228.5%.Total UV sales in February 2010 which includes the Scorpio, the XYLO, the Bolero and Pick-Ups stand at 18280 units, as against sales of 14720 units in February 2009.Mahindras YTD sales stand at 266583 units in February 2010, as against 203966 units for the same period last year.
- Sales Summary Feb-2010
- Segment Feb F10 Feb F09 YTD Feb F10 YTD Feb F09
- UVs 18280 14720 193214 133682
- 3 WHEELERS,GIO & MAXXIMO 6907 3415 49729 40490
- MNAL LCVs 856 451 8845 7834
- MRPL LOGAN 537 1008 4982 12461
- DOMESTIC TOTAL 26580 19594 256770 194467
- M&M EXPORTS 1314 300 8813 8039
- MRPL EXPORTS 0 100 1000 1460
- SECTOR TOTAL 27894 19994 266583 203966
Notes to Editor
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 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.Mahindras 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 ranked Mahindra among the top 10 Indian companies in its Global 200: The Worlds 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 and has also received the A+ GRI rating for the year 2008- 09.
