Auto
Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of June 2022 stood at 54,096 vehicles
Mumbai, July 04, 2022: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of June 2022 stood at 54,096 vehicles.
In the Utility Vehicles segment, Mahindra sold 26,620 vehicles in June 2022. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 26,880 vehicles in June 2022. Exports for the month were at 2,777 vehicles.
In the Commercial Vehicles segment, Mahindra sold 20,431 vehicles in June 2022. All the Light Commercial Vehicle Segments of <2T, Pickups (2T to 3.5T), >3.5T and the heavy commercial vehicles continued their growth trajectory in June 2022.
According to Veejay Nakra, President, Automotive Division, M&M Ltd., “Q1FY23 is our second consecutive highest SUV sales quarter. This has been made possible due to continued robust demand for all our brands including XUV700, Thar, Bolero and XUV300. We sold 26,620 SUVs in June and overall, 54,096 vehicles, registering a growth of 64%. XUV700 achieved yet another milestone of being awarded the coveted Global NCAP ‘Safer Choice’ Award for being the safest car in India. This accolade is only available to automakers achieving the highest levels of safety for vehicles sold in India. We had a blockbuster launch of the Scorpio-N and it has generated tremendous buzz and anticipation. The supply chain situation continues to remain dynamic; we are monitoring the situation closely.”
Passenger Vehicles Sales Summary (Domestic) – June 2022
Category | June | YTD June | ||||
F23 | F22 | % Change | F23 | F22 | % Change | |
Utility Vehicles | 26620 | 16636 | 60% | 75420 | 42570 | 77% |
Cars + Vans | 260 | 277 | -6% | 890 | 632 | 41% |
Passenger Vehicles | 26880 | 16913 | 59% | 76310 | 43202 | 77% |
*Above Domestic Sales Includes sales made in subsidiary company Mahindra Electric Mobility Ltd
Commercial Vehicles Sales Summary (Domestic) – June 2022
Category | June | YTD June | ||||
F23 | F22 | % Change | F23 | F22 | % Change | |
LCV <2T | 3410 | 2654 | 28% | 9567 | 6043 | 58% |
LCV 2 T – 3.5 T | 16405 | 9693 | 69% | 47462 | 27123 | 75% |
LCV > 3.5T + MHCV | 616 | 347 | 78% | 1953 | 868 | 125% |
3 Wheelers (including electric 3Ws) | 4008 | 750 | 434% | 10662 | 3065 | 248% |
Exports – June 2022
Category | June | YTD June | ||||
F23 | F22 | % Change | F23 | F22 | % Change | |
Total Exports | 2777 | 2607 | 7% | 7508 | 6547 | 15% |
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
Head – Group Communications
Mahindra & Mahindra Ltd.
Email – [email protected]