Chennai:
Mahindra & Mahindra, India’s leading SUV manufacturer, has announced a 17
per cent growth in its auto sales numbers for the financial year 2012-13, with
a sales figure of 563373 units as against 483164 units in financial year
2011-12.
The
company’s auto sales numbers for the month of March 2013 stood at 51904 units
as against 46919 units during March 2012, a growth of 11 pc. The company’s
domestic sales stood at 49225 units during March 2013, as against 44260 units
during March 2012, an increase of 11 per cent. The passenger Vehicles segment
(which includes the UVs and Verito) has registered a growth of 13 per cent,
having sold 25847 units in March 2013, as against 22961 units during March
2012.
The
four-wheeler commercial segment which includes the passenger and load vehicles
registered a sale of 17212 units, while the three-wheelers segment clocked 4831
units in March 2013. Exports for the month of March 2013 stood at 2679 units.
Speaking
on the performance, Pravin Shah, chief executive, automotive division, Mahindra
& Mahindra said, “We are happy to have crossed the half a million sales
mark for the first time, during FY 2012-13, given the challenges and the
pressures the auto industry is currently facing. The 3 per cent additional
excise duty on SUVs is clearly a deterrent and by not having a level playing
field for all SUVs, it certainly destabilises the market dynamics. At Mahindra,
we hope to create excitement in the market during FY 2013-14 especially with
the launch of our sub 4 metre Verito and other product offerings”.
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