Mahindra Auto sells 40,631 SUVs, a 13% growth and total volumes of 68,413 in March 2024
News Desk 
Mumbai, April 01, 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 March 2024 stood at 68,413 vehicles, a growth of 4%, including exports.
In the Utility Vehicles segment, Mahindra sold 40,631 vehicles in the domestic market, a growth of 13% and overall, 41,161 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 20,930.
According to Veejay Nakra, President, Automotive Division, M&M Ltd., “We ended the financial year F24 on a positive note with Mahindra PikUps crossing 2 lakh units during the year, which is the highest ever for any commercial vehicle in the load segment in India. In March, we sold a total of 40,631 SUVs, with a growth of 13% and 68,413 total vehicles, a 4% growth over last year.”
Passenger Vehicles Sales Summary (Domestic) – March 2024
|
Passenger Vehicles Sales Summary (Domestic) – March 2024 |
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|
Category |
March |
YTD March |
||||
|
F24 |
F23 |
% Change |
F24 |
F23 |
% Change |
|
|
Utility Vehicles |
40631 |
35976 |
13% |
459864 |
356961 |
29% |
|
Cars + Vans |
0 |
21 |
-100% |
13 |
2292 |
-99% |
|
Passenger Vehicles |
40631 |
35997 |
13% |
459877 |
359253 |
28% |
|
Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – March |
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|
Category |
March |
YTD March |
||||
|
F24 |
F23 |
% Change |
F24 |
F23 |
% Change |
|
|
LCV < 2T * |
4012 |
3385 |
19% |
44093 |
40419 |
9% |
|
LCV 2 T – 3.5 T |
13601 |
17428 |
-22% |
191603 |
198121 |
-3% |
|
LCV > 3.5T + MHCV |
3317 |
1469 |
126% |
27114 |
10036 |
170% |
|
3 Wheelers |
5279 |
5697 |
-7% |
77589 |
58520 |
33% |
|
Exports – March 2024 |
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|
Category |
March |
YTD March |
||||
|
F24 |
F23 |
% Change |
F24 |
F23 |
% Change |
|
|
Total Exports * |
1573 |
2115 |
-26% |
24663 |
32107 |
-23% |
* Includes sales made by subsidiary company Mahindra Last Mile Mobility Limited w.e.f. September 01, 2023
