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Mahindra Auto sells 41,623 SUVs, a 15% growth and total volumes of 66,444 in July 2024

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Home Newsroom Press Release Mahindra Auto sells 41,623 SUVs, a 15% growth and total volumes of 66,444 in July 2024
Author : mahindraadmin   Category : Auto   Published : 8/1/2024

Mumbai, August 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 July 2024 stood at 66,444 vehicles, including exports.

In the Utility Vehicles segment, Mahindra sold 41,623 vehicles in the domestic market, a growth of 15% and overall, 42,012 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 19,713.

According to Veejay Nakra, President, Automotive Division, M&M Ltd., “We sold a total of 41,623 SUVs in June, a growth of 15% and 66,444 total vehicles. We are gearing up for the much-awaited arrival of ‘Thar ROXX – THE SUV’ this Independence Day”

Passenger Vehicles Sales Summary (Domestic) – July 2024
Category July YTD July
F25 F24 % Change F25 F24 % Change
Utility Vehicles 41623 36205 15% 165871 136367 22%
Cars + Vans 0 0 0 10 -100%
Passenger Vehicles 41623 36205 15% 165871 136377 22%
Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – July 2024
Category July YTD July
F25 F24 % Change F25 F24 % Change
LCV < 2T * 3036 3400 -11% 12791 12792 0%
LCV 2 T – 3.5 T 13541 15723 -14% 57111 62468 -9%
LCV > 3.5T + MHCV 3136 1775 77% 12337 6890 79%
3 Wheelers (including electric 3Ws) * 3593 6481 -45% 21244 24261 -12%
Exports – July 2024
Category July YTD July
F25 F24 % Change F25 F24 % Change
Total Exports * 1515 2540 -40% 8640 9474 -9%

* Includes sales made by subsidiary company Mahindra Last Mile Mobility Limited w.e.f. September 01, 2023

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/newsroom

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