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Mahindra Auto sells 46804 vehicles in January 2022 registering a double-digit growth of 20%

Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of January 2022 stood at 46804 vehicles.

Mumbai, February 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 January 2022 stood at 46804 vehicles.

In the Utility Vehicles segment, Mahindra sold 19848 vehicles in January 2022. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 19964 vehicles in January 2022. Exports for the month of January 2022 were at 2861 vehicles.

In the Commercial Vehicles segment, Mahindra sold 21111 vehicles in January 2022 with a growth of 58%. All the Light Commercial Vehicle Segments of <2T, Pickups (2T to 3.5T), >3.5T and the Hheavy Ccommercial Vvehicles continued their growth trajectory in January 2022.

According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., “We continued our growth trajectory with an overall growth of 20% in January 2022. Our Commercial Vehicles registered growth across all segments and ended the month with an overall impressive growth of 58%. We launched the ‘Highest Mileage or Give Truck Back’ guarantee on our entire HCV, ICV & LCV truck range, which has received a very positive response from the market. Despite various global supply chain challenges, we fulfilled our commitment of billing the first 14000 XUV700s by January 2022 and have registered close to 1,00,000 bookings since launch, a major milestone in the Indian SUV Industry. We continue to closely monitor the semi-conductor related parts issue and take corrective action as appropriate.”

Passenger Vehicles Sales Summary (Domestic) – January 2022

Category January YTD January
  F22 F21 % Change F22 F21 % Change
Utility Vehicles 19848 20498 -3% 168751 123507 37%
Cars + Vans 116 136 -15% 1878 1618 16%
Passenger Vehicles 19964 20634 -3% 170629 125125 36%

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

Commercial Vehicles Sales Summary (Domestic) – January 2022

Category January YTD January
  F22 F21 % Change F22 F21 % Change
LCV <2T 2984 991 201% 24485 20973 17%
LCV 2 T – 3.5 T 17529 11846 48% 107710 105971 2%
LCV > 3.5T + MHCV 598 551 9% 4919 2897 70%
3 Wheelers (including electric 3Ws) 2868 2841 1% 22224 13707 62%

Exports – January 2022

Category January YTD January
  F22 F21 % Change F22 F21 % Change
Total Exports 2861 2286 25% 26532 14428 84%

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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