Mahindra & Mahindra (M&M), India's leading SUV manufacturer, today announced its auto sales numbers which stood at 41,590 units during November 2015 as against 34,292 units during November 2014, representing a growth of 21 %.

The passenger vehicles segment (which includes UVs, cars and vans) sold 19,662 units in November 2015 as against 14473 units during November 2014, registering a growth of 36%.

The company's domestic sales stood at 39,383 units during November 2015 as against 32,100 units during November 2014, a growth of 23%. In November 2015, the Medium and Heavy Commercial Vehicles segment sold 454 units, registering a growth of 75%.

Exports for November 2015 stood at 2,207 units, registering a cumulative growth of 28% for YTD November 2015.

Pravin Shah, president & chief executive (automotive), M&M said, ''The festive season coupled with new product launches as well as moderation in interest rates has seen the auto industry post a positive growth during the last couple of months. I believe speedy implementation of GST will help and have a long term impact on the competitiveness 'of Indian auto industry''

Shares of the company declined Rs 2.95, or 0.22%, to trade at Rs 1,364.30. The total volume of shares traded was 42,477 at the BSE (1.56 p.m., Tuesday).