Tuesday, Apr 06, 2004
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MUMBAI, APRIL 5. Mahindra & Mahindra has posted a 34.8 per cent rise in sales for the fiscal 2003-04 at 1.15 lakh vehicles against 85,835 units in 2002-03 while its flagship sports utility vehicle Scorpio at 23,976 units posted a whopping 103.3 per cent rise over the previous fiscal. The utility vehicles sales including Scorpio rose 32.7 per cent at 91,436 vehicles during 2003-04 against 68,858 during the previous fiscal, the company said in a release. Light commercial vehicle (LCV) sales for 2003-04 were slightly higher at 7,003 vehicles against 6948 vehicles. Sales in the three-wheeler segment stood at 17,343 vehicles against 10,029 in 2002-03. Utility vehicles sales in March 2004 were 9,029 units as compared to 8,879 in the previous fiscal while the LCV sales stood at 811 vehicles as against 517 units in March 2003. Scorpio sales were up at 2,259 vehicles during March 2004 over 1,792 vehicles in the comparable period of the previous fiscal while three-wheeler sales rose to 1,660 vehicles as compared to 1,220 in March 2003, the company said.
— PTI
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