Mahindra Auto sells 40,631 SUVs, a 13% growth and total volumes of 68,413 in March 2024

Bengaluru, April 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 March 2024 stood at 68,413 vehicles, a growth of 4%, including exports.

In the Utility Vehicles segment, Mahindra sold 40,631 vehicles in the domestic market, a growth of 13% and overall, 41,161 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 20,930.

According to Veejay Nakra, President, Automotive Division, M&M Ltd., “We ended the financial year F24 on a positive note with Mahindra PikUps crossing 2 lakh units during the year, which is the highest ever for any commercial vehicle in the load segment in India. In March, we sold a total of 40,631 SUVs, with a growth of 13% and 68,413 total vehicles, a 4% growth over last year.”

Passenger Vehicles Sales Summary (Domestic) – March 2024

Passenger Vehicles Sales Summary (Domestic) – March 2024
Category March YTD March
F24 F23 % Change F24 F23 % Change
Utility Vehicles 40631 35976 13% 459864 356961 29%
Cars + Vans 0 21 -100% 13 2292 -99%
Passenger Vehicles 40631 35997 13% 459877 359253 28%

 

Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – March
Category March YTD March
F24 F23 % Change F24 F23 % Change
LCV < 2T * 4012 3385 19% 44093 40419 9%
LCV 2 T – 3.5 T 13601 17428 -22% 191603 198121 -3%
LCV > 3.5T + MHCV 3317 1469 126% 27114 10036 170%
3 Wheelers
(including electric 3Ws) *
5279 5697 -7% 77589 58520 33%

Exports – March 2024
Category March YTD March
F24 F23 % Change F24 F23 % Change
Total Exports * 1573 2115 -26% 24663 32107 -23%

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

 

Check Also

WION’s WideAngle redefines documentary storytelling, engaging audiences across 190 countries

WION’s WideAngle is revolutionizing the documentary genre with its groundbreaking, innovative approach to global storytelling, …