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Mahindra Auto sells 39,157 vehicles in December 2021, registering a double-digit growth of 11%

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Home Newsroom Press Release Mahindra Auto sells 39,157 vehicles in December 2021, registering a double-digit growth of 11%
Author : mahindraadmin   Category : Auto   Published : 1/1/2022

Mumbai, January 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 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%

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
Head – Group Communications
Mahindra & Mahindra Ltd.
Email – [email protected]

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