IndiaMART InterMESH Limited Announces 12M FY24 (Full Year) and Q4FY24 (Fourth Quarter) Ending March 31, 2024 - Results-GJEPC innovNXT I Forty Under 40 - Next Gen Leadership Summit Witnesses Young Leaders Transforming The Business Landscape and Driving Growth-TBO TEK LIMITED IPO OPENS ON 8 May, 2024 PRICE BAND SET AT Rs. 875 TO 920 PER EQUITY SHARE-आधार हाउसिंग फाइनैंस लिमिटेड का आईपीओ 8-10 मई तक, 3,000 करोड़ जुटाएगी-Airbnb introduces Icons— Bollywood Star Jahnvi Kapoor opens the door to her legendary, never-before-seen family home in Chennai-AADHAR HOUSING FINANCE LIMITED IPO OPENS ON MAY 8, 2024 PRICE BAND SET AT Rs. 300 TO 315 PER EQUITY SHARE-महाराष्ट्र दिवस पर कालबादेवी में ओशो समारोह 'ओशो के अनुज डॉक्टर स्वामी शैलेंद्र सरस्वती' और 'मां अमृत प्रियाजी' की उपस्थिति में ओशो का ध्यान प्रयोग और प्रवचन होगा-Dr L H Hiranandani Hospital Launches Advanced Robotic System for Knee Replacement Surgeries-OSHO Meditation and Discourse to be hosted on 1st May at Sojat Swarna Bhawan, Kalbadevi, Mumbai In the gracious presence of Dr. Swami Shailendra Saraswati (OSHO’S Anuj) and Maa Amrut Priya-Lilavati Kirtilal Mehta Medical Trust Board Has Exposed A Major Financial Fraud Amounting Around Rs. 500 Crores, Making It A Serious Medical Scam

Mahindra Auto sells 39,981 SUVs, a 32% growth and total volumes of 70,576 with 21% growth in November 2023

New Mahindra logo: Mahindra & Mahindra Ltd. (M&M Ltd.)

MUMBAI, 1st DECEMBER, 2023 (GPN)  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 2023 stood at 70,576  vehicles, a growth of 21%, including exports.

In the Utility Vehicles segment, Mahindra sold 39,981 vehicles in the domestic market, a growth of 32% and overall, 40,764 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 22,211.

According to Veejay Nakra, President, Automotive Division, M&M Ltd., “We continue our growth trend, backed by strong demand for our SUV portfolio. In November, we sold a total of 39,981 units, a growth of 32%. While we saw a healthy festive season, we faced supply challenges on select parts during the month. We are keeping a close watch and taking appropriate steps to mitigate the challenges”.

Passenger Vehicles Sales Summary (Domestic) – November 2023

Passenger Vehicles Sales Summary (Domestic) –November 2023
Category November YTD November
F24 F23 % Change F24 F23 % Change
Utility Vehicles 39,981 30238 32% 298593 229516 30%
Cars + Vans 0 154 -100% 10 1897 -99%
Passenger Vehicles 39,981 30392 32% 298603 231413 29%
Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) –November 2023
Category November YTD November
F24 F23 % Change F24 F23 % Change
LCV < 2T * 4083 2643 54% 29047 28813 1%
LCV 2 T – 3.5 T 17284 16193 7% 140361 129181 9%
LCV > 3.5T + MHCV 844 755 12% 8278 5653 46%
3 Wheelers
(including electric 3Ws) *
6568 5198 26% 55196 35859 54%
Exports – November 2023
Category November YTD November
F24 F23 % Change F24 F23 % Change
Total Exports * 1816 3122 -42% 17986 21633 -17%

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

About the Author

Sachin Murdeshwar
Sachin Murdeshwar is a Sr.Journalist and Columnist in several Mainline Newspapers and Portals.He is an ardent traveller and likes to explore destinations to the core.

Be the first to comment on "Mahindra Auto sells 39,981 SUVs, a 32% growth and total volumes of 70,576 with 21% growth in November 2023"

Leave a comment

Your email address will not be published.


*