Mahindra Auto sector sells 17,447 vehicles in May 2021
Auto
Mumbai, June 1, 2021: Mahindra & Mahindra Ltd. (M&M Ltd.), part of the USD 19.4 billion Mahindra Group, today announced that its overall auto sales (passenger vehicles+ commercial vehicles+ exports) for the month of May 2021 stood at 17,447 vehicles.
In the utility vehicles segment, Mahindra sold 7,748 vehicles in May 2021. The passenger vehicles segment (including UVs, cars and vans) sold 8,004 vehicles in May 2021.
According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., “We are seeing a strong growth momentum for our entire product portfolio. The Thar is clocking robust bookings, despite extended waiting periods. XUV300 has been a tremendous success and continues to see strong demand. Our power brands (Scorpio and Bolero) continue to do well. With the cases coming down and gradual opening up of markets, we foresee a strong demand rebound. We are working closely with our supplier partners to manage supply chain issues and meet the market demand.”
Passenger vehicles sales summary (Domestic) – May 2021
| Category | May | YTD May | ||||
| F22 | F21 | % Change | F22 | F21 | % Change | |
| Utility Vehicles | 7748 | 3745 | 107% | 25934 | 3745 | 592% |
| Cars + Vans | 256 | 122 | 110% | 355 | 122 | 191% |
| Passenger Vehicles | 8004 | 3867 | 107% | 26289 | 3867 | 580% |
*Above Domestic Sales Includes sales made in subsidiary company Mahindra Electric Mobility Ltd
Commercial Vehicles Sales Summary (Domestic) – May 2021
| Category | May | YTD May | ||||
| F22 | F21 | % Change | F22 | F21 | % Change | |
| LCV <2T | 1828 | 547 | 234% | 3389 | 547 | 520% |
| LCV 2 T – 3.5 T | 5220 | 4574 | 14% | 17430 | 4574 | 281% |
| LCV > 3.5T + MHCV | 188 | 49 | 284% | 521 | 49 | 963% |
| 3 Wheelers (including electric 3Ws) | 272 | 39 | 597% | 2315 | 39 | 5836% |
Exports for the month of May 2021 were at 1,935 vehicles
Exports – May 2021
| Category | May | YTD May | ||||
| F22 | F21 | % Change | F22 | F21 | % Change | |
| Total Exports | 1935 | 484 | 300% | 3940 | 1217 | 224% |
About Mahindra
The Mahindra Group is a USD 19.4 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company by volume. It also enjoys a strong presence in renewable energy, agribusiness, logistics and real estate development. Headquartered in India, Mahindra employs over 2,56,000 people across 100 countries.
Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise
Media contact information
Pramuch Goel
General Manager – Group Communications
Email – [email protected]
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