Mahindra Auto registers 65% sales growth in SUVs in March 2022

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Mahindra & Mahindra today announced that it has registered 54,643 unit sales for the month of March 2022. The company sold over 27,380 vehicles in the Utility Vehicles segment.
In the Passenger Vehicles segment (including Cars, Vans and UVs), Mahindra sold around 27,603 vehicles in March 2022. The company’s exports for March were at 3,160 vehicles.
Speaking of the Commercial Vehicles segment, the company registered 19,837 vehicle sales in March 2022 with a growth of 16%. All the Light Commercial Vehicle Segments of 3.5T and the heavy commercial vehicles continued their growth trajectory in March 2022.
“We continued our growth trajectory in March 2022 with overall sales of 54643 vehicles, a growth of 35%. Demand continues to be strong, even as we remain watchful of the global supply chain and take appropriate action, as required. We are delighted with the success of XUV700, as it continues its winning streak, becoming the most awarded ‘Car of the Year’ in 2022. Cumulatively, XUV700 has won more than 30 awards across categories including the coveted Indian Car of the Year (ICOTY 2022).” said Veejay Nakra, Chief Executive Officer of Automotive Division of M&M Ltd.”

Passenger Vehicles Sales Summary (Domestic) – March 2022
CategoryMarchYTD March
F22F21% ChangeF22F21% Change
Utility Vehicles273801664365.00%22368215553044.00%
Cars*+ Vans22357291.00%2213168631.00%
Passenger Vehicles276031670065.00%22589515721644.00%

*Above Domestic Sales Includes sales made in subsidiary company Mahindra Electric Mobility Ltd.

Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – March 2022
CategoryMarchYTD March
F22F21% ChangeF22F21% Change
LCV38061641132.00%323392378936.00%
LCV 2 T – 3.5 T15202146834.00%1383431281008.00%
LCV > 3.5T + MHCV8297925.00%6435427051.00%
3 Wheelers (including electric 3Ws)40434461-9.00%300792052547.00%

Exports – March 2022
CategoryMarchYTD March
F22F21% ChangeF22F21% Change
Total Exports3160212649.00%325101838177.00%



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