Mahindra Auto sells 27,854 SUV’s and 56,148 vehicles overall in July 2022; Registers an overall growth of 31%
Auto
Mumbai, August 1, 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 July 2022 stood at 56,148 vehicles.
In the utility vehicle segment, Mahindra sold 27,854 vehicles in July 2022. The passenger vehicle segment (which includes UVs, cars and vans) sold 28,053 vehicles in July 2022.
Exports for the month were 2,798 vehicles. In the commercial vehicles segment, Mahindra sold 20,946 vehicles in July 2022.
According to Veejay Nakra, President, Automotive Division, M&M Ltd., “We continued our strong performance with sales of 27,854 SUVs in July, registering a growth of 34% fueled by robust demand for all our brands, including XUV700, Thar, Bolero, and XUV300. Our commercial vehicles also registered growth, and exports were up by 32%. The supply chain situation continues to remain dynamic, and we are monitoring the situation closely.”
Passenger Vehicles Sales Summary (Domestic) – July 2022
| Category | July | YTD July | ||||
| F23 | F22 | % Change | F23 | F22 | % Change | |
| Utility Vehicles | 27,854 | 20,797 | 34% | 103,274 | 63,367 | 63% |
| Cars + Vans | 199 | 249 | -20% | 1,089 | 881 | 24% |
| Passenger Vehicles | 28,053 | 21,046 | 33% | 104,363 | 64,248 | 62% |
*Above Domestic Sales Includes sales made in subsidiary company Mahindra Electric Mobility Ltd
Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – July 2022
| Category | July | YTD July | ||||
| F23 | F22 | % Change | F23 | F22 | % Change | |
| LCV <2T | 3,693 | 3,793 | -3% | 13,260 | 9,836 | 35% |
| LCV 2 T – 3.5 T | 16,445 | 13,445 | 22% | 63,907 | 40,568 | 58% |
| LCV > 3.5T + MHCV | 808 | 428 | 89% | 2,761 | 1,296 | 113% |
| 3 Wheelers (including electric 3Ws) | 4,351 | 2,148 | 103% | 15,013 | 5,213 | 188% |
Exports – July 2022
| Category | July | YTD July | ||||
| F23 | F22 | % Change | F23 | F22 | % Change | |
| Total Exports | 2,798 | 2,123 | 32% | 10,306 | 8,670 | 19% |
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
VP & Head - Group Communications
Mahindra Group
Email – [email protected]
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