Mahindra Auto sells 41908 vehicles in October 2021; Utility Vehicles register a growth of 9%
Auto
Mumbai, November 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 October 2021 stood at 41908 vehicles.
In the Utility Vehicles segment, Mahindra sold 20034 vehicles in October 2021. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 20130 vehicles in October 2021. Exports for the month of October 2021 were at 3174 vehicles.
According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., “Demand for vehicles across our product portfolio remains robust. We have received an unprecedented response for XUV700 and as per our commitment, we have commenced deliveries of the petrol variant to customers. Exports remain strong with a 57% increase. The supply chain issues around semi-conductor related parts continues to be dynamic as we focus on managing the situation in the short term.”
Passenger Vehicles Sales Summary (Domestic) – October 2021
| Category | October | YTD October | ||||
| F22 | F21 | % Change | F22 | F21 | % Change | |
| Utility Vehicles | 20034 | 18317 | 9% | 112050 | 68988 | 62% |
| Cars + Vans | 96 | 305 | -69% | 1435 | 1109 | 29% |
| Passenger Vehicles | 20130 | 18622 | 8% | 113485 | 70097 | 62% |
*Above Domestic Sales Includes sales made in subsidiary company Mahindra Electric Mobility Ltd
Commercial Vehicles Sales Summary (Domestic) – October 2021
| Category | October | YTD October | ||||
| F22 | F21 | % Change | F22 | F21 | % Change | |
| LCV <2T | 3175 | 4165 | -24% | 16270 | 14238 | 14% |
| LCV 2 T – 3.5 T | 11178 | 15895 | -30% | 65600 | 67926 | -3% |
| LCV > 3.5T + MHCV | 724 | 538 | 35% | 3216 | 1330 | 142% |
| 3 Wheelers (including electric 3Ws) | 3527 | 3118 | 13% | 14312 | 4147 | 245% |
Exports – October 2021
| Category | October | YTD October | ||||
| F22 | F21 | % Change | F22 | F21 | % Change | |
| Total Exports | 3174 | 2021 | 57% | 17553 | 8296 | 112% |
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]
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