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Mahindra Auto sells 40102 vehicles in November 2021; Utility Vehicles register a growth of 8%

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 November 2021 stood at 40102 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 November 2021 stood at 40102 vehicles.

In the Utility Vehicles (UVs) segment, Mahindra sold 19384 vehicles in November 2021. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 19458 vehicles in November 2021. Exports for the month of November 2021 were at 3101 vehicles.

According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., “Our growth in SUVs continues with an 8% increase in the month of November. The demand remains strong across our product portfolio of SUVs, Pickups, and Small Commercial Vehicles. Momentum in exports continues with 90% growth. The issues around semi-conductor related parts continue to remain a challenge for the industry. We are monitoring the situation closely and taking appropriate steps.”

Passenger Vehicles Sales Summary (Domestic) – November 2021

Category November YTD November
F22 F21 % Change F22 F21 % Change
Utility Vehicles 19384 17971 8% 131434 86959 51%
Cars + Vans 74 241 -69% 1509 1350 12%
Passenger Vehicles 19458 18212 7% 132943 88309 51%

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

Commercial Vehicles Sales Summary (Domestic) – November 2021

Category November YTD November
F22 F21 % Change F22 F21 % Change
LCV <2T 2409 3755 -36% 18679 17993 4%
LCV 2 T – 3.5 T 12049 14799 -19% 77649 82725 -6%
LCV > 3.5T + MHCV 521 475 10% 3737 1805 107%
3 Wheelers (including electric 3Ws) 2564 3854 -33% 16876 8001 111%

Exports – November 2021

Category November YTD November
  F22 F21 % Change F22 F21 % Change
Total Exports 3101 1636 90% 20654 9932 108%

SOURCE: Mahindra

https://www.automotiveworld.com/news-releases/mahindra-auto-sells-40102-vehicles-in-november-2021-utility-vehicles-register-a-growth-of-8/

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