Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of August 2024 stood at 76755 vehicles, including exports.
In the Utility Vehicles segment, Mahindra sold 43277 vehicles in the domestic market, a growth of 16% and overall, 44670 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 21092.
According to Veejay Nakra, President, Automotive Division, M&M Ltd., “We sold a total of 43277 SUVs in August, a growth of 16% and 76755 total vehicles. India’s Independence Day holds a significant place for us at Mahindra and this year we celebrated the day with the launch of the much-awaited THAR ROXX – ‘THE’ SUV. With Thar ROXX, we’re setting our sights on making the Thar franchise the No. 1 SUV franchise (>12.5 Lakh segment) by volume within the next 3 to 5 years”.
Passenger Vehicles Sales Summary (Domestic) – August 2024
| Passenger Vehicles Sales Summary (Domestic) – August 2024 | ||||||
|---|---|---|---|---|---|---|
| Category | August | YTD August | ||||
| F25 | F24 | % Change | F25 | F24 | % Change | |
| Utility Vehicles | 43277 | 37270 | 16% | 209148 | 173637 | 20% |
| Cars + Vans | 0 | 0 | – | 0 | 10 | -100% |
| Passenger Vehicles | 43277 | 37270 | 16% | 209148 | 173647 | 20% |
Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – August 2024
| Category | August | YTD August | ||||
|---|---|---|---|---|---|---|
| F25 | F24 | % Change | F25 | F24 | % Change | |
| LCV < 2T* | 2957 | 3896 | -24% | 15748 | 16688 | -6% |
| LCV 27 – 3.5T | 14661 | 17800 | -18% | 71772 | 80268 | -11% |
| LCV > 3.5T + MHCV | 3474 | 1917 | 81% | 15811 | 8807 | 80% |
| 3 Wheelers (includes electric 3Ws)* | 9326 | 7044 | 32% | 30570 | 31305 | -2% |
Exports – August 2024
| Category | August | YTD August | ||||
|---|---|---|---|---|---|---|
| F25 | F24 | % Change | F25 | F24 | % Change | |
| Total Exports* | 3060 | 2423 | 26% | 11700 | 11897 | -2% |
* Includes sales made by subsidiary company Mahindra Last Mile Mobility Limited w.e.f. September 01, 2023
SOURCE: Mahindra
