Mahindra Auto Sells 41908 Vehicles In October 2021

Mahindra & Mahindra Ltd. (M&M Ltd.), registers an overall auto sales (passenger vehicles+commercial vehicles+exports) for the month of October 2021 stood at 41908 vehicles. 

Mahindra & Mahindra (M&M) had registered overall auto sales of 28,112 vehicles in September 2021. The figure stood at 44,359 units in October 2020.

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%

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