Auto
Mumbai, November 01, 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 October 2024 stood at 96648 vehicles, including exports.
In the Utility Vehicles segment, Mahindra sold 54504 vehicles in the domestic market, a growth of 25% and overall, 55571 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 28812.
According to Veejay Nakra, President, Automotive Division, M&M Ltd., “We are excited to have clocked the highest-ever SUV sales of 54504 vehicles in October, a growth of 25% and highest ever total volume of 96648, a growth of 20%. The month began on a fantastic note with Thar ROXX garnering 1.7lakh bookings in the first 60mins and the positive momentum continued across the SUV portfolio through the festive season.”
Passenger Vehicles Sales Summary (Domestic) – October 2024 | ||||||
---|---|---|---|---|---|---|
Category | October | YTD October | ||||
F25 | F24 | % Change | F25 | F24 | % Change | |
Utility Vehicles | 54504 | 43708 | 25% | 314714 | 258612 | 22% |
Cars + Vans | 0 | 0 | - | 0 | 10 | -100% |
Passenger Vehicles | 54504 | 43708 | 25% | 314714 | 258622 | 22% |
Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – October 2024 | ||||||
---|---|---|---|---|---|---|
Category | October | YTD October | ||||
F25 | F24 | % Change | F25 | F24 | % Change | |
LCV < 2T* | 3935 | 4335 | -9% | 23127 | 24964 | -7% |
LCV 2 T – 3.5 T** | 23893 | 20349 | 17% | 125536 | 123077 | 2% |
LCV > 3.5T + MHCV | 984 | 1031 | -5% | 7186 | 7434 | -3% |
3 Wheelers (includes electric 3Ws)* | 9826 | 9402 | 5% | 50440 | 48628 | 4% |
Exports – October 2024 | ||||||
---|---|---|---|---|---|---|
Category | October | YTD October | ||||
F25 | F24 | % Change | F25 | F24 | % Change | |
Total Exports* | 3506 | 1854 | 89% | 18233 | 16170 | 13% |
*Includes sales made by subsidiary company Mahindra Last Mile Mobility Limited w.e.f. September 01, 2023
**Above Sales includes Bolero Maxx PUP HD 2.0 tonne
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
Email - [email protected]