Mahindra Auto sells 29,516 SUV’s and 59,049 vehicles overall in August 2022; Registers its highest SUV sales for 2nd consecutive month
Auto
Mumbai, September 1, 2022: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of August 2022 stood at 59,049 vehicles.
In the Utility Vehicles segment, Mahindra sold 29,516 vehicles in August 2022. The Passenger Vehicles segment (which includes UVs, cars and vans) sold 29,852 vehicles in August 2022.
Exports for the month were at 2,912 vehicles. In the Commercial Vehicles segment, Mahindra sold 21,492 vehicles in August 2022.
According to Veejay Nakra, President, Automotive Division, M&M Ltd., “August was a very exciting month for us, with launches across many segments. Demand across our portfolio remains strong and is enhanced with blockbuster launches of Scorpio-N, Scorpio Classic and new Bolero MaXX Pik-up. We registered the highest ever SUV Volume of 29,516 in August, registering a growth of 87% over August ‘21. Our Commercial Vehicles continue to deliver strong performance registering strong growth across segments. The supply chain situation continues to remain dynamic for select product lines and we are taking appropriate actions to minimize impact.”
Passenger Vehicles Sales Summary (Domestic) – August 2022
| Category | August | YTD August | ||||
| F23 | F22 | % Change | F23 | F22 | % Change | |
| Utility Vehicles | 29,516 | 15,786 | 87% | 1,32,790 | 79,153 | 68% |
| Cars + Vans | 336 | 187 | 80% | 1,425 | 1,068 | 33% |
| Passenger Vehicles | 29,852 | 15,973 | 87% | 13,4215 | 80,221 | 67% |
*Above Domestic Sales Includes sales made in subsidiary company Mahindra Electric Mobility Ltd
Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – August 2022
| Category | August | YTD August | ||||
| F23 | F22 | % Change | F23 | F22 | % Change | |
| LCV <2T | 3,896 | 1,734 | 125% | 17,156 | 11,570 | 48% |
| LCV 2 T – 3.5 T | 16,940 | 6,595 | 157% | 80,847 | 47,163 | 71% |
| LCV > 3.5T + MHCV | 656 | 512 | 28% | 3,417 | 1,808 | 89% |
| 3 Wheelers (including electric 3Ws) | 4,793 | 2,591 | 85% | 19,806 | 7,804 | 154% |
Exports – August 2022
| Category | August | YTD August | ||||
| F23 | F22 | % Change | F23 | F22 | % Change | |
| Total Exports | 2,912 | 3,180 | -8% | 13,218 | 11,850 | 12% |
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
VP & Head - Group Communications
Mahindra Group
Email – [email protected]
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