Overall volumes for the month at 54455, registering a growth of 89%

Mumbai, March 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 February 2022 stood at 54,455 vehicles.

In the Utility Vehicles segment, Mahindra sold 27,551 vehicles in February 2022. The Passenger Vehicles segment (which includes UVs, cars and vans) sold 27,663 vehicles in February 2022. Exports for the month were at 2,814 vehicles.

In the Commercial Vehicles segment, Mahindra sold 20,166 vehicles in February 2022, with a growth of 119%. All the Light Commercial Vehicle Segments of <2T, Pickups (2T to 3.5T), >3.5T and the heavy commercial vehicles continued their robust growth trajectory in February 2022.

According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., “With an overall sale of 54,455 vehicles, we have achieved a growth of 89% in February 2022. All segments showed robust growth, including SUVs at 79%, which registered the highest ever monthly volume. We expect demand to continue to remain strong as the Covid situation eases further. We continue to closely monitor the semi-conductor related parts supply and take corrective action as appropriate.”

Passenger Vehicles Sales Summary (Domestic) – February 2022

*Above Domestic Sales Includes sales made in subsidiary company Mahindra Electric Mobility Ltd

Commercial Vehicles Sales Summary (Domestic) – February 2022

Exports – February 2022

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 (Strategic & Corporate)
Head – Group Communications
Mahindra & Mahindra Ltd.
Email – [email protected]