Breaking News

You are here » Indian-Commodity  :  Top News  :  M&M's Auto Sector registers 32% growth in January sales


M&M's Auto Sector registers 32% growth in January sales

Mahindra & Mahindra's (M&M) Auto Sector has sold 52,048 vehicles in January 2018, as against 39,386 vehicles during January 2017, to register a growth of around 32%.

The company's domestic sales stood at 49,432 vehicles during January 2018, as against 37,115 vehicles during January 2017, registering a growth of 33%. In the Medium and Heavy Commercial Vehicles segment, the company sold 1,049 vehicles for the month, registering an impressive growth of 70%. Meanwhile, exports for January 2018 stood at 2,616 vehicles, a growth of 15%.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.

Related News

View all news

Crude oil futures end higher on Thursday

Crude oil futures ended higher on Thursday with marginal gains for the truncated week, as traders weighing near term crude supply and demand prospects. Oil prices took some support with tighter supply......

Turmeric futures trade higher on rising demand

Turmeric futures traded higher on NCDEX as market participants enlarged their holdings on account of rising demand for standing crop in the physical market. Moreover, government procurement in some states......

Coriander futures trade up on restricted arrivals

Coriander futures traded up on NCDEX as speculators built up fresh positions amid rising spot demand. Besides, tight stocks on account of restricted arrivals from major growing regions also fuelled the......

Top News

View all news

Reliance Industries to begin gas production from R-Cluster gas field from second half of FY21

Reliance Industries is planning to start natural gas production from R-Cluster gas field in the flagging KG-D6 block in the Bay of Bengal from the second half of the 2020-21 fiscal. The company and its......

Trigyn Technologies' arm extends contract with United Nations

Trigyn Technologies' wholly owned subsidiary -- Trigyn Technologies, Inc. and United Nations for the provision of communication and information technology staffing support at the UN Missions and other......

Asian Granito forays into Sanitaryware segment

Asian Granito India has ventured into Sanitaryware segment, with an aim to provide 'Complete Bathroom Solutions' under one roof. The company is entering the Sanitaryware segment with 160 SKUs in products......