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Mahindra Auto Registers growth of 91% in passenger vehicle sales; Overall sales at 42983 vehicles in July 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 July 2021 stood at 42983 vehicles.

Mumbai, August 2, 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 July 2021 stood at 42983 vehicles.

In the Utility Vehicles segment, Mahindra sold 20797 vehicles in July 2021. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 21046 vehicles in July 2021. Exports for the month of July 2021 were at 2123 vehicles.

According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., ‘More than 90% of our dealerships and workshops are now operational across the country. We have seen significant increase in activity levels, enquiries and as a result, sales across our product portfolio. We sold 42983 vehicles overall and registered a growth of 91% in the Passenger Vehicles segment, over same period last year. While supply of semiconductors continues to be a global issue and we are doing everything to address it on priority, July has been an exciting month for us with two new product launches. We launched the Bolero Neo for the new age customers looking for a tough, powerful, go-anywhere authentic SUV. We also launched the Supro Profittruck range of SCVs offering guaranteed higher mileage and payload and have on-boarded Ajay Devgn as the brand ambassador. Both launches have received very positive initial response and we are confident of building on this in the coming months.”

Passenger Vehicles Sales Summary (Domestic) – July 2021

Category July YTD July
  F22 F21 % Change F22 F21 % Change
Utility Vehicles 20797 10898 91% 63367 22601 180%
Cars + Vans 249 127 96% 881 366 141%
Passenger Vehicles 21046 11025 91% 64248 22967 180%

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

Commercial Vehicles Sales Summary (Domestic) – July 2021

Category July YTD July
  F22 F21 % Change F22 F21 % Change
LCV <2T 3793 1550 145% 9836 3510 180%
LCV 2 T – 3.5 T 13445 11428 18% 40568 24921 63%
LCV > 3.5T + MHCV 428 125 242% 1296 259 400%
3 Wheelers (including electric 3Ws) 2148 83 2488% 5213 135 3761%

Exports – July 2021

Category July YTD July
  F22 F21 % Change F22 F21 % Change
Total Exports 2123 1467 45% 8670 3537 145%

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
General Manager – Group Communications
Email – [email protected]

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