Auto
Mumbai, September 1, 2021:Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced its overall auto sales (passenger vehicles + commercial vehicles + exports) for the month of August 2021 stood at 30,585 vehicles.
In the Utility Vehicles segment, Mahindra sold 15,786 vehicles in August 2021. The Passenger Vehicles segment (which includes UVs, cars and vans) sold 15,973 vehicles in August 2021. Exports for the month of August 2021 were at 3,180 vehicles.
According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., “We sold 30,585 vehicles overall and registered a growth of 17 percent in the Passenger Vehicles segment, over the same period last year. Demand across our product portfolio continues to remain strong with Thar, XUV 300 and our recently launched Bolero Neo and our Bolero Pik-up range clocking in impressive booking numbers. Growth momentum in exports continued with the sale of 3,180 vehicles, registering an increase of 172 percent. August has been an exciting month with the reveal of the much-anticipated XUV 700 and the all-new visual identity crafted exclusively for our SUV portfolio. Supply of semiconductors continues to be a global issue for the auto industry and has been a major area of focus for us.”
Passenger Vehicles sales summary (Domestic) – August 2021
Category | August | YTD August | ||||
F22 | F21 | % Change | F22 | F21 | % Change | |
Utility Vehicles | 15786 | 13407 | 18% | 79153 | 36008 | 120% |
Cars + Vans | 184 | 244 | -23% | 1068 | 610 | 75% |
Passenger Vehicles | 15973 | 13651 | 17% | 80221 | 36618 | 119% |
*Above Domesticsales include sales made in subsidiary company Mahindra Electric Mobility Ltd
Commercial Vehicles sales summary (Domestic) – August 2021
Category | August | YTD August | ||||
F22 | F21 | % Change | F22 | F21 | % Change | |
LCV <2T | 1734 | 3223 | -46% | 11570 | 6733 | 72% |
LCV 2 T – 3.5 T | 6595 | 11874 | -44% | 47163 | 36795 | 28% |
LCV > 3.5T + MHCV | 512 | 202 | 153% | 1808 | 461 | 292% |
3 Wheelers (including electric 3Ws) | 2591 | 307 | 744% | 7804 | 442 | 1666% |
Exports – August 2021
Category | August | YTD August | ||||
F22 | F21 | % Change | F22 | F21 | % Change | |
Total Exports | 3180 | 1169 | 172% | 11850 | 4706 | 152% |
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/news-room