Mahindra Auto sells 46222 SUVs, a growth of 16% and total volumes of 79083 in November 2024
Auto
Mumbai, December 02, 2024: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of November 2024 stood at 79083 vehicles, including exports.
In the Utility Vehicles segment, Mahindra sold 46222 vehicles in the domestic market, a growth of 16% and overall, 47294 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 22042.
According to Veejay Nakra, President, Automotive Division, M&M Ltd., “We sold 46222 SUVs, a growth of 16% in November, and 79083 total vehicles. This month saw the launch of our most awaited Electric Origin SUVs – the BE6e and XEV9e. Built on the grounds-up revolutionary electric origin architecture INGLO and powered by MAIA, the fastest automotive mind in the world, these vehicles embody Mahindra’s vision of "Unlimit India"— an era where Indian innovation and design not only challenge global benchmarks but set new ones. The go to market for these Electric Origin SUVs will start in a phased manner in the later part of January 2025. Deliveries will commence towards the end of February or early March 2025.”
| Passenger Vehicles Sales Summary (Domestic) – November 2024 | ||||||
|---|---|---|---|---|---|---|
| Category | November | YTD November | ||||
| F25 | F24 | % Change | F25 | F24 | % Change | |
| Utility Vehicles | 46222 | 39981 | 16% | 360936 | 298593 | 21% |
| Cars + Vans | 0 | 0 | 0% | 0 | 10 | -100% |
| Passenger Vehicles | 46222 | 39981 | 16% | 360936 | 298603 | 21% |
| Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – November 2024 | ||||||
| Category | November | YTD November | ||||
|---|---|---|---|---|---|---|
| F25 | F24 | % Change | F25 | F24 | % Change | |
| LCV < 2T * | 3098 | 4083 | -24% | 26225 | 29047 | -10% |
| LCV 2T – 3.5T | 18063 | 17284 | 5% | 143599 | 140361 | 2% |
| LCV > 3.5T + MHC | 881 | 844 | 4% | 8067 | 8278 | -3% |
| 3 Wheelers (including electric 3Ws) * |
8043 | 6568 | 22% | 58483 | 55196 | 6% |
| Exports – November 2024 | ||||||
| Category | November | YTD November | ||||
|---|---|---|---|---|---|---|
| F25 | F24 | % Change | F25 | F24 | % Change | |
| Total Exports * | 2776 | 1816 | 53% | 21009 | 17986 | 17% |
* Includes sales made by subsidiary company Mahindra Last Mile Mobility Limited w.e.f. November 01, 2023
About Mahindra
Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.
The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.
Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/newsroom
Media contact informationNayana Borthakur
Head - Communications
Automotive & Farm Equipment Sector
Mahindra & Mahindra Limited
Email - [email protected]
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