Auto
Mumbai, August 2, 2021: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales (passenger vehicles + commercial vehicles + exports) for the month of July 2021 stood at 42983 vehicles.
In the Utility Vehicles segment, Mahindra sold 20797 vehicles in July 2021. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 21046 vehicles in July 2021. Exports for the month of July 2021 were at 2123 vehicles.
According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., ‘More than 90% of our dealerships and workshops are now operational across the country. We have seen significant increase in activity levels, enquiries and as a result, sales across our product portfolio. We sold 42983 vehicles overall and registered a growth of 91% in the Passenger Vehicles segment, over same period last year. While supply of semiconductors continues to be a global issue and we are doing everything to address it on priority, July has been an exciting month for us with two new product launches. We launched the Bolero Neo for the new age customers looking for a tough, powerful, go-anywhere authentic SUV. We also launched the Supro Profittruck range of SCVs offering guaranteed higher mileage and payload and have on-boarded Ajay Devgn as the brand ambassador. Both launches have received very positive initial response and we are confident of building on this in the coming months.”
Passenger Vehicles Sales Summary (Domestic) – July 2021
Category | July | YTD July | ||||
F22 | F21 | % Change | F22 | F21 | % Change | |
Utility Vehicles | 20797 | 10898 | 91% | 63367 | 22601 | 180% |
Cars + Vans | 249 | 127 | 96% | 881 | 366 | 141% |
Passenger Vehicles | 21046 | 11025 | 91% | 64248 | 22967 | 180% |
*Above Domestic Sales Includes sales made in subsidiary company Mahindra Electric Mobility Ltd
Commercial Vehicles Sales Summary (Domestic) – July 2021
Category | July | YTD July | ||||
F22 | F21 | % Change | F22 | F21 | % Change | |
LCV <2T | 3793 | 1550 | 145% | 9836 | 3510 | 180% |
LCV 2 T – 3.5 T | 13445 | 11428 | 18% | 40568 | 24921 | 63% |
LCV > 3.5T + MHCV | 428 | 125 | 242% | 1296 | 259 | 400% |
3 Wheelers (including electric 3Ws) | 2148 | 83 | 2488% | 5213 | 135 | 3761% |
Exports – July 2021
Category | July | YTD July | ||||
F22 | F21 | % Change | F22 | F21 | % Change | |
Total Exports | 2123 | 1467 | 45% | 8670 | 3537 | 145% |
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
Media contact information
Pramuch Goel
General Manager – Group Communications
Email – [email protected]