Mahindra & Mahindra the preferred brand according to September 2009 sales figures
When one talks about SUVs, MUV's, MPV's, Pick-ups, Compact trucks or any other Utility Vehicle, Mahindra & Mahindra stand out as the clear leaders of the category. Continuing their successful run, the September 2009 sales hint at Mahindra being on the top once again. The growth rate indicates that Mahindra & Mahindra is the preferred brand in India when it comes to utility vehicles.
Mahindra & Mahindra Ltd. (M&M Ltd.) is a part of the US $6.3 billion Mahindra Group. M&M announced record braking domestic auto sales. The impressive figures include the sale of 27431 units in the month of September 2009 as compared to 24481 units in September 2008. The overall increase is of 12.1%
Owing to the good sale of Mahindra UVs like the SUV Scorpio, the MPV Xylo, the SUV Bolero and other pick-ups and trucks, the sales stand at 21961 units in September 2009 as against sales of 16059 units in September 2008. This is indicative of a growth of 36.8%.
Mahindra registered a 13.3% growth in the overall YTD period in September 2009. The sales stood at 132522 units in September 2009, as against 116971 units for the same period last year.
The company sold a total of 28434 vehicles (Domestic + Exports) in September 2009 as against 25630 vehicles sold in September 2008.
Mahindra's Utility Vehicles are finding their way into international markets like US, South Africa and the Middle East. This will also help Mahindra in leveraging the international market which will aid in Mahindra's growth in future.
