Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Or Login with

Sign in with facebook
Sign In with google

Sign up to CarWale

Please enter your name
+91
Please enter your mobile number
Please enter your password
Please enter your password
Ad

Mahindra sales up 18 per cent in December

January 02, 2013, 05:24 PM IST by Ninad Mirajgaonkar
Mahindra sales up 18 per cent in December

Mahindra & Mahindra registered 18 per cent growth in their passenger vehicles (UVs and Verito) sales in December. The company sold 22,761 units last month against 19,341 units in same period last year.

Speaking on the monthly performance, Pravin Shah, Chief Executive, Automotive Division, Mahindra & Mahindra mentioned, “High interest rates, rising fuel prices and an overall slowdown in economic growth has kept consumer sentiment low during 2012. This is also evident in the auto industry sales performance for December, which traditionally has been a lean month. We do hope that corrective measures are announced and implemented soon bringing in the much needed buoyancy and growth for the industry.  At Mahindra, we are happy to maintain our growth momentum even during these challenging times”.

The company’s exports also grew four per cent to 2,990 units last month. The increase in numbers is mainly due to their new models, the XUV500 and the Quanto. Their main competitor in the passenger car segment, Toyota, on the other hand has posted an overall negative result mainly due to fall in sales of Etios twins. 

 

Show CommentsHide Comments
Ad

Mahindra Verito Price in Popular Cities

CityOn-Road Prices
Bangalore₹ 8.97 Lakhs onwards
Hyderabad₹ 8.92 Lakhs onwards
New Delhi₹ 8.63 Lakhs onwards
Kolkata₹ 8.43 Lakhs onwards
Mumbai₹ 8.96 Lakhs onwards
Chennai₹ 8.86 Lakhs onwards
  • Upcoming Cars

Mahindra e20 NXTMahindra e20 NXT

Jul 2019

6L - ₹ 8L
Mahindra eKUV100Mahindra eKUV100

Dec 2019

8L - ₹ 9L
Jeep RenegadeJeep Renegade

Jan 2020

12L - ₹ 17L
BMW New X5BMW New X5

Apr 2019

70L - ₹ 90L
Mercedes-Benz GLE NewMercedes-Benz GLE New

May 2019

65L - ₹ 80L
All Upcoming Cars
Ask the experts1800 2090 230Mon-Fri (9 AM - 8 PM)
Sat (9 AM - 5:30 PM)
Sun (9 AM - 7 PM)
Toll free

Select your city to avail offers

Currently available only in