Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of June 2024 stood at 69397 vehicles, a growth of 11%, including exports.
In the Utility Vehicles segment, Mahindra sold 40022 vehicles in the domestic market, a growth of 23% and overall, 40644 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 20594.
According to Veejay Nakra, President, Automotive Division, M&M Ltd., “We sold a total of 40022 SUVs in June, a growth of 23% and 69397 total vehicles, an 11% growth over last year. June has been a momentous month, as we rolled out the 200,000th XUV700 from our facility. We also celebrated 25 years of Bolero Pik-Ups, a category creator and a market leader in the LCV segment.”
Passenger Vehicles Sales Summary (Domestic) – June 2024
| Category | June | YTD June | ||||
|---|---|---|---|---|---|---|
| F25 | F24 | % Change | F25 | F24 | % Change | |
| Utility Vehicles | 40022 | 32585 | 23% | 124248 | 100162 | 24% |
| Cars + Vans | 0 | 3 | -100% | 0 | 10 | -100% |
| Passenger Vehicles | 40022 | 32588 | 23% | 124248 | 100172 | 24% |
Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – June 2024
| Category | June | YTD June | ||||
|---|---|---|---|---|---|---|
| F25 | F24 | % Change | F25 | F24 | % Change | |
| LCV < 2T * | 3223 | 3063 | 5% | 9751 | 9392 | 4% |
| LCV 2 T – 3.5 T | 14097 | 16042 | -12% | 43570 | 46745 | -7% |
| LCV > 3.5T + MHCV | 3274 | 1854 | 77% | 9201 | 5115 | 80% |
| 3 Wheelers (including electric 3Ws) * | 6184 | 6377 | -3% | 17655 | 17780 | -1% |
Exports – June 2024
| Category | June | YTD June | ||||
|---|---|---|---|---|---|---|
| F25 | F24 | % Change | F25 | F24 | % Change | |
| Total Exports * | 2597 | 2505 | 4% | 7125 | 6934 | 3% |
* Includes sales made by subsidiary company Mahindra Last Mile Mobility Limited w.e.f. September 01, 2023
SOURCE: Mahindra
