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Mahindra Auto Sector sells 32964 vehicles in June 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 June 2021 stood at 32964 vehicles.

Mumbai, July 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 June 2021 stood at 32964 vehicles.

In the Utility Vehicles segment, Mahindra sold 16636 vehicles in June 2021. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 16913 vehicles in June 2021. Exports for the month of June 2021 were at 2607 vehicles.

According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., “With the opening up of the market in a phased manner, we are seeing a boost in demand in both urban and rural and we expect the upward trend in demand to continue across all segments and markets. As we come out of the second wave of the pandemic, by and large our supply chain has stabilized except for the global semiconductor issue, which still continues to be a challenge that we are addressing as top priority”.

Passenger vehicles sales summary (Domestic) – June 2021

Category June YTD June
  F22 F21 % Change F22 F21 % Change
Utility Vehicles 16636 7958 109% 42570 11703 264%
Cars + Vans 277 117 137% 632 239 164%
Passenger Vehicles 16913 8075 109% 43202 11942 262%

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

Commercial Vehicles Sales Summary (Domestic) – June 2021

Category June YTD June
  F22 F21 % Change F22 F21 % Change
LCV <2T 2654 1413 88% 6043 1960 208%
LCV 2 T – 3.5 T 9693 8919 9% 27123 13493 101%
LCV > 3.5T + MHCV 347 85 308% 868 134 548%
3 Wheelers (including electric 3Ws) 750 13 5669% 3065 52 5794%

Exports – June 2021

Category June YTD June
  F22 F21 % Change F22 F21 % Change
Total Exports 2607 853 206% 6547 2070 216%

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

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