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		<title>Mahindra Auto sells 40,631 SUVs, a 13% growth and total volumes of 68,413 in March 2024.</title>
		<link>https://newsmantra.in/mahindra-auto-sells-40631-suvs-a-13-growth-and-total-volumes-of-68413-in-march-2024/</link>
		
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		<pubDate>Tue, 02 Apr 2024 10:14:32 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Mahindra Auto]]></category>
		<category><![CDATA[March 2024]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=37960</guid>

					<description><![CDATA[<p>Bengaluru, April 01, 2024: Mahindra &#38; Mahindra Ltd. (M&#38;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,...</p>
<p>The post <a href="https://newsmantra.in/mahindra-auto-sells-40631-suvs-a-13-growth-and-total-volumes-of-68413-in-march-2024/">Mahindra Auto sells 40,631 SUVs, a 13% growth and total volumes of 68,413 in March 2024.</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Bengaluru, April 01, 2024:</strong> Mahindra &amp; Mahindra Ltd. (M&amp;M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of March 2024 stood at <strong>68,413 </strong>vehicles, a growth of <strong>4%</strong>, including exports.</p>
<p>In the Utility Vehicles segment, Mahindra sold <strong>40,631 </strong>vehicles in the domestic market, a growth of <strong>13%</strong> and overall, <strong>41,161 </strong>vehicles, including exports. The domestic sales for Commercial Vehicles stood at <strong>20,930</strong>.</p>
<p>According to <strong>Veejay Nakra, President, Automotive Division, M&amp;M Ltd.,</strong> <em>“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.”</em></p>
<p><strong>Passenger Vehicles Sales Summary (Domestic) – March 2024</strong></p>
<table width="0">
<tbody>
<tr>
<td colspan="7" width="635"><strong>Passenger Vehicles Sales Summary (Domestic) – March 2024</strong></td>
</tr>
<tr>
<td rowspan="2" width="143"><strong>Category</strong></td>
<td colspan="3" width="246"><strong>March</strong></td>
<td colspan="3" width="246"><strong>YTD March</strong></td>
</tr>
<tr>
<td width="85"><strong>F24</strong></td>
<td width="66"><strong>F23</strong></td>
<td width="95"><strong>% Change</strong></td>
<td width="76"><strong>F24</strong></td>
<td width="76"><strong>F23</strong></td>
<td width="94"><strong>% Change</strong></td>
</tr>
<tr>
<td width="143">Utility Vehicles</td>
<td width="85">40631</td>
<td width="66">35976</td>
<td width="95">13%</td>
<td width="76">459864</td>
<td width="76">356961</td>
<td width="94">29%</td>
</tr>
<tr>
<td width="143">Cars + Vans</td>
<td width="85">0</td>
<td width="66">21</td>
<td width="95">-100%</td>
<td width="76">13</td>
<td width="76">2292</td>
<td width="94">-99%</td>
</tr>
<tr>
<td width="143"><strong>Passenger Vehicles</strong></td>
<td width="85"><strong>40631</strong></td>
<td width="66"><strong>35997</strong></td>
<td width="95"><strong>13%</strong></td>
<td width="76"><strong>459877</strong></td>
<td width="76"><strong>359253</strong></td>
<td width="94"><strong>28%</strong></td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<table width="0">
<tbody>
<tr>
<td colspan="7" width="635"><strong>Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – March</strong></td>
</tr>
<tr>
<td rowspan="2" width="162"><strong>Category</strong></td>
<td colspan="3" width="226"><strong>March</strong></td>
<td colspan="3" width="247"><strong>YTD March</strong></td>
</tr>
<tr>
<td width="66"><strong>F24</strong></td>
<td width="66"><strong>F23</strong></td>
<td width="94"><strong>% Change</strong></td>
<td width="77"><strong>F24</strong></td>
<td width="76"><strong>F23</strong></td>
<td width="94"><strong>% Change</strong></td>
</tr>
<tr>
<td width="162">LCV &lt; 2T *</td>
<td width="66">4012</td>
<td width="66">3385</td>
<td width="94">19%</td>
<td width="77">44093</td>
<td width="76">40419</td>
<td width="94">9%</td>
</tr>
<tr>
<td width="162">LCV 2 T – 3.5 T</td>
<td width="66">13601</td>
<td width="66">17428</td>
<td width="94">-22%</td>
<td width="77">191603</td>
<td width="76">198121</td>
<td width="94">-3%</td>
</tr>
<tr>
<td width="162">LCV &gt; 3.5T + MHCV</td>
<td width="66">3317</td>
<td width="66">1469</td>
<td width="94">126%</td>
<td width="77">27114</td>
<td width="76">10036</td>
<td width="94">170%</td>
</tr>
<tr>
<td width="162">3 Wheelers<br />
(including electric 3Ws) *</td>
<td width="66">5279</td>
<td width="66">5697</td>
<td width="94">-7%</td>
<td width="77">77589</td>
<td width="76">58520</td>
<td width="94">33%</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<table width="0">
<tbody>
<tr>
<td colspan="7" width="642"><strong>Exports – March 2024</strong></td>
</tr>
<tr>
<td rowspan="2" width="151"><strong>Category</strong></td>
<td colspan="3" width="246"><strong>March</strong></td>
<td colspan="3" width="246"><strong>YTD March</strong></td>
</tr>
<tr>
<td width="85"><strong>F24</strong></td>
<td width="66"><strong>F23</strong></td>
<td width="95"><strong>% Change</strong></td>
<td width="76"><strong>F24</strong></td>
<td width="76"><strong>F23</strong></td>
<td width="94"><strong>% Change</strong></td>
</tr>
<tr>
<td width="151">Total Exports *</td>
<td width="85">1573</td>
<td width="66">2115</td>
<td width="95">-26%</td>
<td width="76">24663</td>
<td width="76">32107</td>
<td width="94">-23%</td>
</tr>
</tbody>
</table>
<p><em>* Includes sales made by subsidiary company Mahindra Last Mile Mobility Limited w.e.f. September 01, 2023</em></p>
<p>The post <a href="https://newsmantra.in/mahindra-auto-sells-40631-suvs-a-13-growth-and-total-volumes-of-68413-in-march-2024/">Mahindra Auto sells 40,631 SUVs, a 13% growth and total volumes of 68,413 in March 2024.</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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