Mahindra?s Auto Sector sales down 17.32% during august 2013

Mahindra & Mahindra India?s leading SUV manufacture today announced its auto sales figure during month of August 2013 at 37,897 units.

Mahindra & Mahindra India’s leading SUV manufacture today announced its auto sales figure during month of August 2013 at 37,897 units. The company sales has decline 17.32% as compared to auto sales figure of August, 2012.

Pravin Shah, Chief Executive, Automotive Division, Mahindra & Mahindra Ltd said,” The auto industry is currently depreciated and it’s facing most challenging phases. The crises of rupee is acting main role of depreciation of market. It increasing inflation and impacting cost of operation”.

Sales Summary August 2013

Segment 

                   Aug F14

                Aug F13

           YTD Aug F14

           YTD Aug F13

 

MOM Aug F14 Vs Aug F13                                           growth%

YOY YTD Aug F14 Vs YTD Aug                                F13 growth%

Passenger Vehicles (UVs & Verito)

15821

21831

91575

105342

-28%

-13%

4-wheelers Commercial (Passenger & Load)*

13718

14267

70481

68366

-4%

3%

3-wheelers

5149

6004

22006

24968

-14%

-12%

MTBL

471

724

3800

5133

-35%

-26%

DOMESTIC TOTAL

35159

42826

187862

203809

-18%

-8%

M&M EXPORTS

2738

3010

10115

15112

-9%

-33%

SECTOR TOTAL

37897

45836

197977

218921

-17%

-10%