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Mahindra Auto sells 28112 vehicles in September 2021; Exports up 61%

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 September 2021 stood at 28,112 vehicles

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 September 2021 stood at 28,112 vehicles.

In the Utility Vehicles segment, Mahindra sold 12,863 vehicles in September 2021. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 13,134 vehicles in September 2021. Exports for the month of September 2021 were at 2,529 vehicles.

According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., “The challenges around the supply of semiconductors continues to pose difficulties for the auto industry globally. We have taken several steps to mitigate the effect and are working towards managing the situation as best as possible. We have maintained our growth momentum in exports with a 61% increase. This month, we launched the All New FURIO 7 range of LCV trucks, with unprecedented customer value of double guarantees, which has received a very positive response from the market.”

Category September YTD September
F22 F21 % Change F22 F21 % Change
Utility Vehicles 12,863 14,663 -12% 92,016 50,671 82%
Cars + Vans 271 194 40% 1,339 804 67%%
Passenger Vehicles 13,134 14,857 -12% 93,355 51,475 81%%

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

Commercial Vehicles Sales Summary (Domestic) – September 2021

Category September YTD September
F22 F21 % Change F22 F21 % Change
LCV <2T 1,525 3,340 -54% 13,095 10,073 30%
LCV 2 T – 3.5 T 7,259 15,236 -52% 54,422 52,031 5%
LCV > 3.5T + MHCV 684 331 107% 2,492 792 215%
3 Wheelers (including electric 3Ws) 2,981 587 408% 10,785 1,029 948%

Exports – September 2021

Category September YTD September
F22 F21 % Change F22 F21 % Change
Total Exports 2,529 1,569 61% 14,379 6,275 129%

SOURCE: Mahindra

https://www.automotiveworld.com/news-releases/mahindra-auto-sells-28112-vehicles-in-september-2021-exports-up-61/

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