Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the US $6.7 billion Mahindra Group, announced its November 2008 automotive sales figures.
M&M’s domestic volumes for the month of November 2008 stand at 10430 units, as against 17844 units in November 2007.
The company sold a total of 10955 vehicles (Domestic + Exports) in November 2008, as against 18583 vehicles (Domestic + Exports) sold in November 2007.
M&M’s domestic YTD volumes for the month of November 2008 stand at 147300 units, as against 142320 units in the same period last year.
The company exported 525 units in November 2008, as against 739 units exported in November 2007.
About The Mahindra Group
The US $6.7 billion Mahindra Group is among the top 10 industrial houses in India. Mahindra is the market leader in multi-utility vehicles in India It made a milestone entry into the passenger car segment with the Logan. Mahindra & Mahindra is the only Indian company among the top tractor brands in the world.
More From This Section
The Group has a leading presence in key sectors of the Indian economy, including the financial services, trade, retail and logistics, automotive components, after-market, information technology and infrastructure development. Mahindra has recently made an entry in the two-wheeler segment which will see the company emerge as a full-range player with a presence in almost every segment of the automobile industry.
Mahindra's Farm Equipment Sector has won the Japan Quality Medal, the only tractor company worldwide to be bestowed this honour. It also holds the distinction of being the only tractor company worldwide to win the Deming Prize. The US based Reputation Institute recently ranked Mahindra among the top 10 Indian companies in its Global 200: The World's Best Corporate Reputations list.
Mahindra is also one of the few Indian companies to receive an A+ GRI checked rating for its first Sustainability Report for the year 2007-08.