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Mahindra Auto sells 41908 vehicles in October 2021; Utility Vehicles register a growth of 9%

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Home Newsroom Press Release Mahindra Auto sells 41908 vehicles in October 2021; Utility Vehicles register a growth of 9%
Author : mahindraadmin   Category : Auto   Published : 11/1/2021

Mumbai, November 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 October 2021 stood at 41908 vehicles.

In the Utility Vehicles segment, Mahindra sold 20034 vehicles in October 2021. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 20130 vehicles in October 2021. Exports for the month of October 2021 were at 3174 vehicles.

According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., “Demand for vehicles across our product portfolio remains robust. We have received an unprecedented response for XUV700 and as per our commitment, we have commenced deliveries of the petrol variant to customers. Exports remain strong with a 57% increase. The supply chain issues around semi-conductor related parts continues to be dynamic as we focus on managing the situation in the short term.”

Passenger Vehicles Sales Summary (Domestic) – October 2021

Category October YTD October
  F22 F21 % Change F22 F21 % Change
Utility Vehicles 20034 18317 9% 112050 68988 62%
Cars + Vans 96 305 -69% 1435 1109 29%
Passenger Vehicles 20130 18622 8% 113485 70097 62%

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

Commercial Vehicles Sales Summary (Domestic) – October 2021

Category October YTD October
  F22 F21 % Change F22 F21 % Change
LCV <2T 3175 4165 -24% 16270 14238 14%
LCV 2 T – 3.5 T 11178 15895 -30% 65600 67926 -3%
LCV > 3.5T + MHCV 724 538 35% 3216 1330 142%
3 Wheelers (including electric 3Ws) 3527 3118 13% 14312 4147 245%

Exports – October 2021

Category October YTD October
  F22 F21 % Change F22 F21 % Change
Total Exports 3174 2021 57% 17553 8296 112%

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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