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Corporate Press Release

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

Mahindra Auto sells 43277 SUVs

Bengaluru, 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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