Mahindra's auto sector clocks 35,177 units in September 2010, its highest ever monthly sales number

Top Quote Mahindra & Mahindra announced its highest ever sales in a month which stood at 35177 units during September 2010, an increase of 24%, as against 28434 units during September 2009. End Quote
  • (1888PressRelease) October 02, 2010 - Mumba - Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the US $7.1 billion Mahindra Group, today announced its highest ever sales in a month which stood at 35177 units during September 2010 as against 28434 units during September 2009, an increase of 24%.

    The company's all-time high domestic sales stand at 33866 units during September 2010, as against 27431 units during September 2009, an increase of 23%. Exports have grown by 86% during the same period.

    The sector YTD September 2010 sales stand at 174222 units as against 136279 units, an increase of 28%.

    Speaking on the half-yearly numbers, Rajesh Jejurikar, Chief Executive, Automotive Division, Mahindra & Mahindra said, "It is a matter of pride for us that September 2010 has been a record month for auto sales in the history of Mahindra, wherein we have sold a total of 35177 vehicles. All our brands have done exceptionally well with the Logan having clocked a sale of 1000 units during the month of September 2010."

    About The Mahindra Group

    Mahindra embarked on its journey in 1945 by assembling the Willys Jeep in India and is now a US $7.1 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. It is today a full-range player with a presence in almost every segment of the automobile industry, from two-wheelers to CVs, UVs, SUVs and sedan. Mahindra recently acquired a majority stake in REVA

    Electric Car Co Ltd. (now called Mahindra REVA), strengthening its position in the Electric Vehicles domain.

    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.

    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.

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