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Mahindra Auto sells 43,277 SUVs, a 16% growth and total volumes of 76,755 in August 2024

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 76,755 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 43,277 SUVs in August, a growth of 16% and 76,755 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 2 T – 3.5 T

14661

17800

-18%

71772

80268

-11%

LCV > 3.5T + MHCV

3474

1917

81%

15811

8807

80%

3 Wheelers
(including 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

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