Mahindra’s sales growth remained fairly stagnant in April 2015, with the Mumbai-based automaker selling 36,727 vehicles, as opposed to 36,288 units in April 2014.
Passenger vehicles segment - which includes UVs and Verito - compromised half of it with 18,314 units sold, while the commercial arm added another 11,744 units to the total sales.
In all, domestic sales stood at 34,467 units during April 2015 as against 34,107 units during April 2014, while exports increased by 4% to 2,260 units.
Commenting on the performance, Pravin Shah, President & Chief Executive, Automotive, Mahindra & Mahindra said, “We are happy to have achieved an overall growth during April 2015. The auto industry is hopeful of a better financial year as we see positive sentiments on the back of various policy and project announcements leading to higher levels of economic activity. At Mahindra we expect to perform better given the positive sentiments and the upcoming launches of our new products”.
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