List of articles tagged: Sales Trend

Mahindra & Mahindra Ltd. (M&M Ltd.) today announced that its domestic auto sales for the month of November 2009 stand at 21387 units (which includes Utility Vehicle, three wheelers and Logan), as against 10430 units in November 2008, an increase of 105.1%.

Passenger Vehicles segment during April-August 2009 grew at 11.97 percent over same period last year. Passenger Cars grew by 13.47 percent, Utility Vehicles fell marginally by 0.10 percent and Multi Purpose Vehicles grew by 22.67 percent in this period.

Passenger Vehicles segment during April-July 2009 grew at 9.45 percent over same period last year. Passenger Cars grew by 10.54 percent, Utility Vehicles fell by (-) 1.53 percent and Multi Purpose Vehicles grew by 22.90 percent in this period. In July 2009, Passenger vehicles sales recorded a growth rate of 29.18 percent over July 2008.

Car sales in the Indian market for June grew by 7.8 percent, as disclosed by the SIAM. One of the contributing factors is that interest rates for auto loans were reduced.

Overall production in January 2009 fell by 11.92 percent over the same month last year. January sales are always more than December sales since December sales are always subdued because of 'model year change' in January, which fetches better value of a vehicle in the used vehicle market.