Mahindra Auto sells 28112 vehicles in September 2021; Exports up 61%
Auto
Mumbai, October 1, 2021: 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% |
About Mahindra
Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.
The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise
Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room
Media contact information
Pramuch Goel (Strategic & Corporate)
Senior Manager, Group Communications
Mahindra & Mahindra Ltd.
Email – [email protected]
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