Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of April 2024 stood at 70471 vehicles, a growth of 13%, including exports.
In the Utility Vehicles segment, Mahindra sold 41008 vehicles in the domestic market, a growth of 18% and overall, 41542 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 22102.
According to Veejay Nakra, President, Automotive Division, M&M Ltd., “We sold a total of 41008 SUVs in April, a growth of 18% and 70471 total vehicles, a 13% growth over last year. In April, we launched the XUV 3XO, tailored to a broad spectrum of customers across categories. With a unique blend of innovation, safety, comfort, performance and price starting at ₹ 7.49 Lakh, the XUV3XO is set to be the new disrupter in the compact SUV space.”
| Passenger Vehicles Sales Summary (Domestic) – April 2024 | ||||||
|---|---|---|---|---|---|---|
| Category | April | |||||
| F25 | F24 | % Change | ||||
| Utility Vehicles | 41008 | 34694 | 18% | |||
| Cars + Vans | 0 | 4 | -100% | |||
| Passenger Vehicles | 41008 | 34698 | 18% | |||
| Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – April | ||||||
|---|---|---|---|---|---|---|
| Category | April | |||||
| F25 | F24 | % Change | ||||
| LCV < 2T | 3372 | 3416 | -1% | |||
| LCV 2 T – 3.5 T | 15692 | 15072 | 4% | |||
| LCV > 3.5T + MHCV | 3038 | 1743 | 74% | |||
| Exports – April 2024 | ||||||
|---|---|---|---|---|---|---|
| Category | April | |||||
| F25 | F24 | % Change | ||||
| Total Exports | 1857 | 1813 | 2% | |||
* Includes sales made by subsidiary company Mahindra Last Mile Mobility Limited w.e.f. September 01, 2023
About Mahindra
Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.
The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.
Source link:https://www.mahindra.com/
