Mahindra Auto Record Sells Of 58,801 Units In February

Mahindra & Mahindra today announced that its overall auto sales for the month of February 2023 stood at 58,801 vehicles. 

In the Utility Vehicles segment, Mahindra sold 30,221 vehicles in February 2023, despite disruptions in the supply chain of Crash Sensors and Air Bag ECUs due to the unavailability of semiconductors. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 30,358 vehicles in February 2023.

According to Veejay Nakra, President, Automotive Division, M&M, “We continue our trend of selling more than 30,000 SUVs per month and February saw a growth of 10 per cent in the segment and an overall growth of 8 per cent. Our recent launches (Thar RWD and XUV400) have received a very positive response and we see good demand across our portfolio as well. We are monitoring and taking appropriate steps on the supply chain scenario of semiconductors, which continue to be dynamic”.

Exports for the month were at 2,250 vehicles. In the Commercial Vehicles segment, Mahindra sold 20,843 vehicles in February 2023.