Auto
Mumbai, December 1, 2021: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales (passenger vehicles+commercial vehicles+exports) for the month of November 2021 stood at 40102 vehicles.
In the Utility Vehicles (UVs) segment, Mahindra sold 19384 vehicles in November 2021. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 19458 vehicles in November 2021. Exports for the month of November 2021 were at 3101 vehicles.
According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., “Our growth in SUVs continues with an 8% increase in the month of November. The demand remains strong across our product portfolio of SUVs, Pickups, and Small Commercial Vehicles. Momentum in exports continues with 90% growth. The issues around semi-conductor related parts continue to remain a challenge for the industry. We are monitoring the situation closely and taking appropriate steps.”
Passenger Vehicles Sales Summary (Domestic) – November 2021
Category | November | YTD November | ||||
F22 | F21 | % Change | F22 | F21 | % Change | |
Utility Vehicles | 19384 | 17971 | 8% | 131434 | 86959 | 51% |
Cars + Vans | 74 | 241 | -69% | 1509 | 1350 | 12% |
Passenger Vehicles | 19458 | 18212 | 7% | 132943 | 88309 | 51% |
*Above Domestic Sales Includes sales made in subsidiary company Mahindra Electric Mobility Ltd
Commercial Vehicles Sales Summary (Domestic) – November 2021
Category | November | YTD November | ||||
F22 | F21 | % Change | F22 | F21 | % Change | |
LCV <2T | 2409 | 3755 | -36% | 18679 | 17993 | 4% |
LCV 2 T – 3.5 T | 12049 | 14799 | -19% | 77649 | 82725 | -6% |
LCV > 3.5T + MHCV | 521 | 475 | 10% | 3737 | 1805 | 107% |
3 Wheelers (including electric 3Ws) | 2564 | 3854 | -33% | 16876 | 8001 | 111% |
Exports – November 2021
Category | November | YTD November | ||||
F22 | F21 | % Change | F22 | F21 | % Change | |
Total Exports | 3101 | 1636 | 90% | 20654 | 9932 | 108% |
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]