India’s leading utility vehicle maker Mahindra & Mahindra Ltd. has announced its sales numbers for July 2015. In fact, the brand sold 34,652 units during July 2015, slightly less than July 2014’s numbers which stood at 35,567units.
The passenger vehicles segment (which includes UVs, cars and vans) sold 14,456 units in July 2015 as against 16,569 units during July 2014. Meanwhile, the company’s domestic sales stood at 31,087 units during July 2015 as against 33,047 units during July 2014.
Speaking on the sales performance, Pravin Shah, President & Chief Executive (Automotive), M&M Ltd. said, “While the auto industry is currently seeing muted growth, we do believe that the launch of some exciting new products will help it turn the tide. In addition, with the advent of a good monsoon till date and reduction in fuel prices, we expect sentiments to improve, leading to overall growth in auto sales. At Mahindra we continue to be excited with our portfolio of products as well as our upcoming launches. We are happy to have seen continuous growth in our HCV and exports numbers.”
While Mahindra hasn’t done exceptionally well in terms of sales numbers in the last few months, the brand is confident of a strong growth in near future with its new range of forthcoming products including the recently unveiled TUV300.
