Mahindra Automotive flags off its “Drivers of Change” initiative, honouring the spirit of 'Viksit Bharat'

In collaboration with leading Automotive title Auto Today, Mahindra Rise “Drivers of Change” honours women achievers with a pan-India drive in the Mahindra XUV700

Mahindra launches the 2024 XUV700: Elevating sophistication and innovation

• Luxury that commands attention: Elevating the 2024 XUV700 experience, the AX7L variant now offers ventilated front seats with first-in-segment memory ORVMs linked to the custom seat profiles and the option of captain seats in both AX7 and AX7L variants.


• Sophistication draped in Napoli Black: The 2024 XUV700 now comes in an all-new Napoli Black colour across variants. Also offering an exclusive black theme on the AX7 and AX7L variants featuring a commanding black grille and striking black alloys.
2024-01-15

• Mahindra Auto sells 35171 SUVs, a 24% growth and total volumes of 60188 in December 2023

  Mumbai, January 01, 2024: 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 2023 stood at 60188 vehicles, a growth of 6%, including exports.

  In the Utility Vehicles segment, Mahindra sold 35171 vehicles in the domestic market, a growth of 24% and overall, 36349 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 17888.

  2024-01-02

• Mahindra’s Farm Equipment Sector sells 31,069 units in India during November 2023

  Mumbai, December 01, 2023: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, today announced its tractor sales numbers for November 2023.

  Domestic sales in November 2023 were at 31,069 units, as against 29,180 units during November 2022.

  Total tractor sales (Domestic + Exports) during November 2023 were at 32,074 units, as against 30,528 units for the same period last year. Exports for the month stood at 1,005 units.

  2023-12-01

• Mahindra Auto sells 39,981 SUVs, a 32% growth and total volumes of 70,576 with 21% growth in November 2023

  Mumbai, December 01, 2023: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of November 2023 stood at 70,576 vehicles, a growth of 21%, including exports.

  In the utility vehicles segment, Mahindra sold 39,981 vehicles in the domestic market, a growth of 32% and overall, 40,764 vehicles, including exports. The domestic sales for commercial vehicles stood at 22,211.

  2023-12-01

• M&M Ltd. results Q2 F24 and H1 F24

  Standalone PAT INR 3,452 cr., up 67%

  Consolidated PAT up 6% (excl. PY SEL revaluation gain)

  Strong first half … standalone PAT up 79%, consolidated PAT up 33% (excl. SEL), RoE 20%

  Key Highlights

  2023-11-10

• Mahindra launches new Jeeto Strong with enhanced payload capacity and best-in-segment mileage

• A higher payload capacity of 815 kg in diesel and 750 kg in CNG – up by 100 kg.
• Jeeto Strong offers a best-in-segment mileage of 32.00 km/l in diesel and 35.00 km/kg in CNG.
• Attractive price of INR 5.28 Lakh for diesel and INR 5.55 Lakh for CNG, ex-showroom Pune.
  2023-11-06

• Mahindra’s Farm Equipment Sector sells 49,336 units in India during October 2023

  Mumbai, November 01, 2023: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, today announced its tractor sales numbers for October 2023.

  Domestic sales in October 2023 were at 49,336 units, as against 50,539 units during October 2022.

  Total tractor sales (Domestic + Exports) during October 2023 were at 50,460 units, as against 51,994 units for the same period last year. Exports for the month stood at 1,124 units.

  2023-11-01

• Mahindra Auto records highest ever SUV sales of 43,708 vehicles, a 36% growth and highest ever total volumes of 80,679 in October 2023

  Mumbai, November 01, 2023: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of October 2023 stood at 80,679 vehicles, a growth of 32%, including exports.

  2023-11-01

• Mahindra Last Mile Mobility Ltd. valued up to INR 6,020 crore by International Finance Corporation, receives 1st tranche of investment

• Mahindra Last Mile Mobility Limited, a subsidiary of Mahindra and Mahindra Limited, commenced commercial operations in September 2023, pursuant to closing of Asset Transfer Agreement and Business Transfer Agreement with M&M.
• International Finance Corporation has completed the first tranche of investment from the total commitment of INR 600 Crore at a valuation of up to INR 6,020 Crore.
2023-10-11