Mahindra & Mahindra sa,e rises by 7.96 percent in June 2016

Mumbai : Auto major Mahindra & Mahindra today reported an 7. 96 per cent rise in total sales to 39,011 units in June as compared 36,134 units sold in the same month last year. In the domestic market, sales were up 5. 13 per cent at 34,991 units last month compared with 33,282 units in June 2015, company said in a statement. Exports surged 40. 95 per cent to 4,020 units during the month as against 2,852 in June last year, statement said Sales of passenger vehicles, including Scorpio, XUV500, Xylo, Bolero and Verito, also went up 7 per cent to 17,070 units, from 15,880 units in the same month last year.
Commercial vehicle sales rose 6 per cent to 13,540 units in June as against 12,737 units in the year-ago period, statement added. M&M Chief Executive (auto division) Pravin Shah said 'With the advent of a good monsoon which we are currently witnessing, we hope to see improved sentiment and a buoyancy in demand, enhancing rural prosperity. ' On the diesel ban issue, he said 'We do hope that the Supreme Court while taking a decision on the diesel vehicles ban in the NCR region will take cognisance of all facts, including the role the automotive industry plays in the country’s industrial growth.

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