Mahindra Auto registers 65% sales growth in SUVs in March 2022 – Times of India

Mahindra & Mahindra today announced that it has registered sales of 54,643 units for the month of March 2022. The company sold more than 27,380 vehicles in the utility vehicles segment.
In the passenger vehicle segment (including cars, vans and UVs), Mahindra sold around 27,603 vehicles in March 2022. The company’s exports for March stood at 3,160 vehicles.
Coming to the Commercial Vehicles segment, the company registered a growth of 16% in March 2022 with sales of 19,837 vehicles. The 3.5T all-light commercial vehicle segment and heavy commercial vehicles continued their growth trajectory in March 2022.
“We continued our growth trajectory in March 2022 with total sales of 54643 vehicles, a growth of 35%. Demand remains strong, even as we remain alert to global supply chains and take appropriate action as needed. We are delighted with the success of the XUV700, as it continues its winning streak to become the most awarded ‘Car of the Year’ in 2022. In all, the XUV700 has won over 30 awards in all categories including the prestigious Indian Car of the Year (ICOTY). 2022). Vijay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd. said.

Passenger Vehicle Sales Summary (Domestic) – March 2022
Category procession YTD March
F22 F21 % Change F22 F21 % Change
utility vehicle 27380 16643 65.00% 223682 155530 44.00%
Cars*+ Vans 223 57 291.00% 2213 1686 31.00%
passenger vehicle 27603 16700 65.00% 225895 157216 44.00%

*Upper domestic sales include sales made in subsidiary Mahindra Electric Mobility Limited.

Commercial Vehicles and Three Wheelers Sales Summary (Domestic) – March 2022
Category procession YTD March
F22 F21 % Change F22 F21 % Change
LCV 3806 1641 132.0% 32339 23789 36.00%
LCV 2T – 3.5T 15202 14683 4.00% 138343 128100 8.00%
LCV>3.5T + MHCV 829 792 5.00% 6435 4270 51.00%
3 Wheeler (Including Electric 3W) 4043 4461 -9.00% 30079 20525 47.00%

Exports – March 2022
Category procession YTD March
F22 F21 % Change F22 F21 % Change
total exports 3160 2126 49.00% 32510 18381 77.00%