Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of December 2023 stood at 60188 vehicles, a growth of 6%, including exports.
In the Utility Vehicles segment, Mahindra sold 35171 vehicles in the domestic market, a growth of 24% and overall, 36349 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 17888.
Veejay Nakra, President, Automotive Division, M&M Ltd. said, “In December, we sold a total of 35171 SUVs, a healthy growth of 24% over last year. We continued to face some supply challenges on select parts. We are working closely with our suppliers to mitigate these challenges going forward”.
| Passenger Vehicles Sales Summary (Domestic) –December 2023 | ||||||
|---|---|---|---|---|---|---|
| Category | December | YTD December | ||||
| F24 | F23 | % Changes | F24 | F23 | % Changes | |
| Utility Vehicles | 35171 | 28333 | 24% | 333764 | 257849 | 29% |
| Cars + Vans | 3 | 112 | -97% | 13 | 2009 | -99% |
| Passenger Vehicles | 35,174 | 28445 | 24% | 333777 | 259858 | 28% |
| Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – December | ||||||
|---|---|---|---|---|---|---|
| Category | December | YTD December | ||||
| F24 | F23 | % Changes | F24 | F23 | % Changes | |
| LCV < 2T * | 2849 | 3031 | -6% | 31896 | 31844 | 0% |
| LCV 2 T – 3.5 T | 12668 | 16170 | -22% | 145107 | 145351 | 0% |
| LCV > 3.5T + MHCV | 2371 | 879 | 170% | 18571 | 6532 | 184% |
| 3 Wheelers (including electric 3Ws) * |
5307 | 5052 | 5% | 60503 | 40911 | 48% |
| Exports – December 2023 | ||||||
|---|---|---|---|---|---|---|
| Category | December | YTD December | ||||
| F24 | F23 | % Changes | F24 | F23 | % Changes | |
| Total Exports * | 1819 | 3100 | -41% | 19805 | 24733 | -20% |
* Includes sales made by subsidiary company Mahindra Last Mile Mobility Limited w.e.f. September 01, 2023
SOURCE: Mahindra
