Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, today announced a 29% rise in its auto sales numbers, which stood at 43087 units during February 2012 as against 33378 units during February 2011.
The company’s domestic sales stood at 40461 units during February 2012, as against 31967 units during February 2011, an increase of 27%. The Passenger Vehicles segment (which includes the UVs and Verito) has registered a growth of 33%, having sold 20573 units in February 2012, as against 15439 units during February 2011.
Speaking on the month’s performance, Pravin Shah, Chief Executive, Automotive Division, Mahindra & Mahindra Ltd. said, “We are happy to maintain a healthy growth of 29% in February 2012, with all our brands doing well. While the XUV500 continues to create excitement in the market, the recently launched New Xylo has also evoked a very positive response from customers”.