Mahindra Sells 43,218 SUVs In India; Registers 31% Growth In May 2024

The domestic sales for Mahindra's Commercial Vehicles stood at 19,826 units in May 2024
Picture Credit: Utkarsh Agarwal

SUV manufacturer, Mahindra & Mahindra's (M&M) overall auto sales for the month of May 2024 stood at 71,682 vehicles, registering a growth of 17 per cent, including exports.

In the Utility Vehicles segment, Mahindra sold 43,218 vehicles in the domestic market, a growth of 31 per cent and overall, 44,283 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 19,826.

According to Veejay Nakra, President of Automotive Division at M&M, “As we opened bookings on 15th May, we were delighted to receive an overwhelming response for the XUV3XO. Within the first hour of opening bookings, we hit the 50,000 mark. The belief that our customers have shown on us reiterate the strong disruptive proposition of XUV3XO. We have started deliveries from 26th May.” 

Passenger Vehicles Sales Summary (Domestic) – May 2024

Category

May

YTD May

F25

F24

% Change

F25

F24

% Change

Utility Vehicles

43218

32883

31%

84226

67577

25%

Cars + Vans

0

3

-100%

0

7

-100%

Passenger Vehicles

43218

32886

31%

84226

67584

25%

Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – May 2024

Category

March

YTD March

F25

F24

% Change

F25

F24

% Change

LCV < 2T *

3156

2913

8%

6528

6329

3%

LCV 2 T – 3.5 T

13781

15631

-12%

29473

30703

-4%

LCV > 3.5T + MHCV

2889

1518

90%

5927

3261

82%

3 Wheelers
(including electric 3Ws) *

5967

5851

2%

11471

11403

1%

Exports – May 2024

Category

May

YTD May

F25

F24

% Change

F25

F24

% Change

Total Exports *

2671

2616

2%

4528

4429

2%

The above data includes sales made by subsidiary company Mahindra Last Mile Mobility w.e.f. September 01, 2023.

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