Mahindra & Mahindra Ltd. (M&M Ltd.), India's leading SUV manufacturer, today announced its auto sales numbers which stood at 39,611 units during December 2013.

Mumbai, January 1,  2014: Mahindra & Mahindra Ltd. (M&M Ltd.), India's leading SUV manufacturer, today announced its auto sales numbers which stood at 39,611 units during December 2013.

The Passenger Vehicles segment (which includes UVs and Verito) sold 16,436 units in December 2013, as against 22,761 units during December 2012. The company's domestic sales stood at 36,881 units during December 2013, as against 42,307 units during December 2012. The 4-wheelers commercial segment had sold 14,399 units while the 3-wheelers segment clocked 5,606 units in December 2013. Exports for the month stood at 2,730 units.

Speaking on the monthly performance, Pravin Shah, Chief Executive, Automotive Division, Mahindra & Mahindra Ltd. said, "During the first nine months of the current fiscal, the auto Industry has seen a negative growth due to sustained deceleration in economic activity and consequent weakness in consumer and  business sentiments. While the immediate turnaround in the auto Industry is not expected without certain policy corrections and support, the worst seems to be over. At Mahindra we continue to focus on customer centricity and do hope that the new year will bring in the much needed cheer for the Auto Sector".

Sales Summary December 2013

Segment

December

F14

December

F13

YTD December

F14

YTD December

F13

MOM Dec F14 Vs

Dec F13 growth%

YTD Dec F14 Vs

YTD

Dec F13 growth%

Passenger Vehicles (UVs & Verito)

16436

22761

166622

203447

-28%

-18%

4-wheelers Commercial (Passenger & Load)*

14399

13706

130137

127403

5%

2%

3-wheelers

5606

5209

46875

50065

8%

-6%

MTBL

440

631

5731

8535

-30%

-33%

DOMESTIC TOTAL

36881

42307

349365

389450

-13%

-10%

M&M EXPORTS

2730

2990

21324

24692

-9%

-14%

SECTOR TOTAL

39611

45297

370689

414142

-13%

-10%

*Includes Maxximo, Gio, Genio & Bolero Pick up

About Mahindra

The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.

A USD 16.7 billion multinational group based in Mumbai, India, Mahindra employs more than 180,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries.

In 2012, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. In 2013, the Mahindra Group received the Financial Times 'Boldness in Business' Award in the 'Emerging Markets' category.

Visit us atwww.mahindra.com

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For further enquiries

Roma Balwani                                         

Chief Group Communications Officer

Mahindra & Mahindra Ltd.                                           

Phone: +91 22 2490 1441                                             

Email: balwani.roma@mahindra.com

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