October 2013 M&M total sales decline 5%
India’s leading SUV manufacturers Mahindra & Mahindra have announced sales for the month of October 2013. During the past month the company reported sales to the tune of 50,558 units. Sales of the company increased 17% in October 2013 as against sales in September 2013.
Significant increase was seen in the 4 wheeler commercial vehicle segment as sales stood at 17,362 units while sales in the 3 wheeler segment stood at 6,999 units during the past month. Exports also increased substantially by 31% to stand at 2,771 units during October 2013.
The company was heartened with sales results during the past month despite sever constraints being experience in the auto sector. It was primarily due to the festive season that these results were achieved while the company hopes that this will set the ball rolling for the months ahead.