Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of July 2022 stood at 56,148 vehicles.
In the utility vehicle segment, Mahindra sold 27,854 vehicles in July 2022. The passenger vehicle segment (which includes UVs, cars and vans) sold 28,053 vehicles in July 2022.
Exports for the month were 2,798 vehicles. In the commercial vehicles segment, Mahindra sold 20,946 vehicles in July 2022.
According to Veejay Nakra, President, Automotive Division, M&M Ltd., “We continued our strong performance with sales of 27,854 SUVs in July, registering a growth of 34% fueled by robust demand for all our brands, including XUV700, Thar, Bolero, and XUV300. Our commercial vehicles also registered growth, and exports were up by 32%. The supply chain situation continues to remain dynamic, and we are monitoring the situation closely.”
Passenger Vehicles Sales Summary (Domestic) – July 2022
| Category | July | YTD July | ||||
| F23 | F22 | % Change | F23 | F22 | % Change | |
| Utility Vehicles | 27,854 | 20,797 | 34% | 103,274 | 63,367 | 63% |
| Cars + Vans | 199 | 249 | -20% | 1,089 | 881 | 24% |
| Passenger Vehicles | 28,053 | 21,046 | 33% | 104,363 | 64,248 | 62% |
*Above Domestic Sales Includes sales made in subsidiary company Mahindra Electric Mobility Ltd
Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – July 2022
| Category | July | YTD July | ||||
| F23 | F22 | % Change | F23 | F22 | % Change | |
| LCV <2T | 3,693 | 3,793 | -3% | 13,260 | 9,836 | 35% |
| LCV 2 T – 3.5 T | 16,445 | 13,445 | 22% | 63,907 | 40,568 | 58% |
| LCV > 3.5T + MHCV | 808 | 428 | 89% | 2,761 | 1,296 | 113% |
| 3 Wheelers (including electric 3Ws) | 4,351 | 2,148 | 103% | 15,013 | 5,213 | 188% |
Exports – July 2022
| Category | July | YTD July | ||||
| F23 | F22 | % Change | F23 | F22 | % Change | |
| Total Exports | 2,798 | 2,123 | 32% | 10,306 | 8,670 | 19% |
SOURCE: Mahindra
