Mahindra Auto sells 40,022 SUVs, a 23% growth and total volumes of 69,397, a 11% growth in June 2024

Bengaluru, July 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 June 2024 stood at 69,397 vehicles, a growth of 11%, including exports.

In the Utility Vehicles segment, Mahindra sold 40,022 vehicles in the domestic market, a growth of 23% and overall, 40,644 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 20,594.

According to Veejay Nakra, President, Automotive Division, M&M Ltd., “We sold a total of 40,022 SUVs in June, a growth of 23% and 69,397 total vehicles, a 11% growth over last year. June has been a momentous month, as we rolled out the 200,000th XUV700 from our facility. We also celebrated 25 years of Bolero Pik-Ups, a category creator and a market leader in the LCV segment.”

Passenger Vehicles Sales Summary (Domestic) – June 2024
Category June YTD June
F25 F24 % Change F25 F24 % Change
Utility Vehicles 40022 32585 23% 124248 100162 24%
Cars + Vans 0 3 -100% 0 10 -100%
Passenger Vehicles 40022 32588 23% 124248 100172 24%

 

Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – June 2024
Category June YTD June
F25 F24 % Change F25 F24 % Change
LCV < 2T * 3223 3063 5% 9751 9392 4%
LCV 2 T – 3.5 T 14097 16042 -12% 43570 46745 -7%
LCV > 3.5T + MHCV 3274 1854 77% 9201 5115 80%
3 Wheelers
(including electric 3Ws) *
6184 6377 -3% 17655 17780 -1%

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Exports – June 2024
Category June YTD June
F25 F24 % Change F25 F24 % Change
Total Exports * 2597 2505 4% 7125 6934 3%

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

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