Mahindra Auto Sells 34,694 SUVs In April; Registers 57% Growth

Four-wheeler manufacturer, Mahindra & Mahindra's overall sales for the month of April 2023 stood at 62,294 vehicles.

In the Utility Vehicles (UV) segment, Mahindra sold 34,694 vehicles in April 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 34,698 vehicles in April 2023.

Exports for the month were at 1,813 vehicles. In the Commercial Vehicles segment, Mahindra sold 20,231 vehicles in April 2023.

According to Veejay Nakra, President of Automotive Division at M&M, “After a record-breaking year in F23, we continued our growth trend in SUVs by selling 34,694 units, registering a growth of 57 per cent in April. Our Commercial vehicles registered growth of 16 per cent during this month and we are optimistic in further consolidating our position in the <3.5-ton LCV segment with our recently launched All New range of Bolero Maxx Pik-Up.”

Passenger Vehicles Sales (Domestic)

Category

April

FY24

FY23

% Change

Utility Vehicles

34,694

22,168

57%

Cars + Vans

4

358

-99%

Passenger Vehicles

34,698

22,526

54%


Commercial Vehicles and 3-Wheeler Sales (Domestic)

Category

April

F24

F23

% Change

LCV < 2T

3,416

2,929

17%

LCV 2 T – 3.5 T

15,665

13,768

14%

LCV > 3.5T + MHCV

1,150

705

63%

3 Wheelers (including electric 3Ws)

5,552

3,009

85%


Exports 

Category

April

F24

F23

% Change

Total Exports

1,813

2,703

-33%

Also Read

Stay in the know with our newsletter