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Mahindra Auto sells 43277 SUVs, a 16% growth and total volumes of 76755 in August 2024

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Home Newsroom Press Release Mahindra Auto sells 43277 SUVs, a 16% growth and total volumes of 76755 in August 2024
Author : mahindraadmin   Category : Auto   Published : 9/2/2024

Mumbai, September 02, 2024: 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
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

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.

Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise / For updates subscribe to https://www.mahindra.com/newsroom

Media contact information
Nayana Borthakur
Head - Communications
Automotive & Farm Equipment Sector
Mahindra & Mahindra Limited

Email - [email protected]

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