Mahindra & Mahindra's overall auto sales for the month of July 2023 stood at 66,124 vehicles, including exports. In the Utility Vehicles segment, Mahindra sold its highest-ever SUVs of 36,205 vehicles in a month, in the domestic market, and overall, 37,519 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 20,898 units.
According to Veejay Nakra, President of Automotive Division at M&M, “It has been a record-breaking month for us. The XUV700 tribe grew to 1 lakh strong, in a record time of 20 months. Also in July, the Scorpio brand achieved the highest sales in a month since its launch. We will keep a close watch on the availability of semi-conductors and select parts to ensure sustained scaleup.”
Passenger Vehicles Sales Summary (Domestic) – July 2023
Passenger Vehicles Sales Summary (Domestic) – July 2023 | ||||||
Category | July | YTD July | ||||
F24 | F23 | % Change | F24 | F23 | % Change | |
Utility Vehicles | 36205 | 27854 | 30% | 136367 | 103274 | 32% |
Cars + Vans | 0 | 199 | -100% | 10 | 1089 | -99% |
Passenger Vehicles | 36205 | 28053 | 29% | 136377 | 104363 | 31% |
Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – July 2023 | ||||||
Category | July | YTD July | ||||
F24 | F23 | % Change | F24 | F23 | % Change | |
LCV < 2T | 3400 | 3693 | -8% | 12792 | 13260 | -4% |
LCV 2 T – 3.5 T | 16503 | 16445 | 0% | 65043 | 63907 | 2% |
LCV > 3.5T + MHCV | 995 | 808 | 23% | 4315 | 2761 | 56% |
3 Wheelers (including electric 3Ws) | 6481 | 4351 | 49% | 24261 | 15013 | 62% |
Exports – July 2023 | ||||||
Category | July | YTD July | ||||
F24 | F23 | % Change | F24 | F23 | % Change | |
Total Exports | 2540 | 2798 | -9% | 9474 | 10306 | -8% |