Wednesday, February 5, 2025

Mahindra Auto sells 46222 SUVs, a growth of 16% and total volumes of 79083 in November 2024

December 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 November 2024 stood at 79083 vehicles, including exports.

In the Utility Vehicles segment, Mahindra sold 46222 vehicles in the domestic market, a growth of 16% and overall, 47294 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 22042.

According to Veejay Nakra, President, Automotive Division, M&M Ltd., “We sold 46222 SUVs, a growth of 16% in November, and 79083 total vehicles. This month saw the launch of our most awaited Electric Origin SUVs – the BE6e and XEV9e. Built on the grounds-up revolutionary electric origin architecture INGLO and powered by MAIA, the fastest automotive mind in the world, these vehicles embody Mahindra’s vision of “Unlimit India”— an era where Indian innovation and design not only challenge global benchmarks but set new ones. The go to market for these Electric Origin SUVs will start in a phased manner in the later part of January 2025. Deliveries will commence towards the end of February or early March 2025.”

Passenger Vehicles Sales Summary (Domestic) – November 2024

Category

November

YTD November

F25

F24

% Change

F25

F24

% Change

Utility Vehicles

46222

39981

16%

360936

298593

21%

Cars + Vans

0

0

0

10

-100%

Passenger Vehicles

46222

39981

16%

360936

298603

21%

 

Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) –November 2024

Category

November

YTD November

F25

F24

% Change

F25

F24

% Change

LCV < 2T *

3098

4083

-24%

26225

29047

-10%

LCV 2 T – 3.5 T

18063

17284

5%

143599

140361

2%

LCV > 3.5T + MHCV

881

844

4%

8067

8278

-3%

3 Wheelers
(including electric 3Ws) *

8043

6568

22%

58483

55196

6%

Exports – November 2024

Category

November

YTD November

F25

F24

% Change

F25

F24

% Change

Total Exports *

2776

1816

53%

21009

17986

17%

* Includes sales made by subsidiary company Mahindra Last Mile Mobility Limited w.e.f. November 01, 2023

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