Mahindra Auto Registers growth of 91% in passenger vehicle sales; Overall sales at 42983 vehicles in July 2021

Mumbai : 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 July 2021 stood at 42983 vehicles.

 

In the Utility Vehicles segment, Mahindra sold 20797 vehicles in July 2021. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 21046 vehicles in July 2021. Exports for the month of July 2021 were at 2123 vehicles.

 

According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd.,”More than 90% of our dealerships and workshops are now operational across the country. We have seen significant increase in activity levels, enquiries and as a result, sales across our product portfolio. We sold 42983 vehicles overall and registered a growth of 91% in the Passenger Vehicles segment, over same period last year. While supply of semiconductors continues to be a global issue and we are doing everything to address it on priority, July has been an exciting month for us with two new product launches. We launched the Bolero Neo for the new age customer’s looking for a tough, powerful, go-anywhere authentic SUV. We also launched the Supro Profittruck range of SCV’s offering guaranteed higher mileage and payload and have on-boarded Ajay Devgn as the brand ambassador. Both launches have received very positive initial response and we are confident of building on this in the coming months.”

 

Passenger Vehicles Sales Summary (Domestic) – July 2021

Category July YTD July
F22 F21 % Change F22 F21 % Change
Utility Vehicles 20797 10898 91% 63367 22601 180%
Cars*+ Vans 249 127 96% 881 366 141%
Passenger Vehicles 21046 11025 91% 64248 22967 180%

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

 

Commercial Vehicles Sales Summary (Domestic) – July 2021       

Category July YTD July
F22 F21 % Change F22 F21 % Change
LCV < 2T 3793 1550 145% 9836 3510 180%
LCV 2 T – 3.5 T 13445 11428 18% 40568 24921 63%
LCV > 3.5T + MHCV 428 125 242% 1296 259 400%
3 Wheelers

(including electric 3Ws)

2148 83 2488% 5213 135 3761%

 

 

 

Exports – July 2021

 Category July YTD July
F22 F21 % Change F22 F21 % Change
Total Exports 2123 1467 45% 8670 3537 145%