Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of December 2021 stood at 39,157 vehicles.
In the Utility Vehicles segment, Mahindra sold 17,469 vehicles in December 2021. The Passenger Vehicles segment (including UVs, cars and vans) sold 17,722 vehicles in December 2021. Exports for the month of December 2021 were at 3,017 vehicles.
In the Commercial Vehicles segment, Mahindra sold 15,938 vehicles in December 2021, with a growth of 14%. All the Light Commercial Vehicle Segments of <2T, Pickups (2T to 3.5T), >3.5T, and the heavy commercial vehicles registered growth in December 2021.
According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., “We are glad to report overall growth of 11% in December 2021. We have seen growth in business segments, including Passenger Vehicles, Commercial Vehicles, and International Operations, owing to continued strong demand across the product portfolio. The issues around semi-conductor related parts continue to be a challenge for the industry and remains a major focus area for us.”
Passenger Vehicles Sales Summary (Domestic) – December 2021
| Category | December | YTD December | ||||
| F22 | F21 | % Change | F22 | F21 | % Change | |
| Utility Vehicles | 17,469 | 16,050 | 9% | 148,903 | 103,009 | 45% |
| Cars + Vans | 253 | 132 | 92% | 1,762 | 1,482 | 19% |
| Passenger Vehicles | 17,722 | 16,182 | 10% | 150,665 | 104,491 | 44% |
*Above Domestic Sales Includes sales made in subsidiary company Mahindra Electric Mobility Ltd
Commercial Vehicles Sales Summary (Domestic) – December 2021
| Category | December | YTD December | ||||
| F22 | F21 | % Change | F22 | F21 | % Change | |
| LCV <2T | 2,822 | 1,989 | 42% | 21,501 | 19,982 | 8% |
| LCV 2 T – 3.5 T | 12,532 | 11,400 | 10% | 90,181 | 94,125 | -4% |
| LCV > 3.5T + MHCV | 584 | 541 | 8% | 4,321 | 2,346 | 84% |
| 3 Wheelers (including electric 3Ws) | 2,480 | 2,865 | -13% | 19,356 | 10,866 | 78% |
Exports – December 2021
| Category | December | YTD December | ||||
| F22 | F21 | % Change | F22 | F21 | % Change | |
| Total Exports | 3,017 | 2,210 | 37% | 23,671 | 12,142 | 95% |
SOURCE: Mahindra
