Sunday, 2 May 2021

Mahindra Auto Division registers 9.5% growth in

Mahindra Auto Division registers 9.5% growth in
Passenger Vehicles in April 2021 over previous month 

Overall Auto Sales for the month at 36437 vehicles

 Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the USD 19.4 billion Mahindra Group, today announced that its overall auto sales (passenger vehicles+ commercial vehicles+ exports) for the month of April 2021 stood at 36437 vehicles.

The units sold in April this year is not comparable with April 2020, since no vehicles were sold last year in the domestic market due to COVID related lockdown.  

In the Utility Vehicles segment, Mahindra sold 18186 vehicles in April 2021. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 18285 vehicles in April 2021.

According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., “The month of April registered a growth of 9.5% in our passenger vehicles segment as compared to March 2021. With the increase in lockdown restrictions in many parts of the country we foresee continuing supply chain related production challenges. While demand remains good, there would be some impact in the first quarter as a result of low customer movement and dealership activity due to the lockdown restrictions. In times like these, our focus is the well-being and safety of all our associates and those of our dealers. Our customers will continue to experience unrestricted personalized as well as digital & contactless sales and service support.”

Passenger Vehicles Sales Summary (Domestic) – April 2021

Category

April

F22

F21

% Change

Utility Vehicles

18186

0

NA

Cars*+ Vans

99

0

---

Passenger Vehicles

18285

0

---

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

Commercial Vehicles Sales Summary (Domestic) – April 2021         

Category

April

F22

F21

% Change

LCV < 2T

1561

0

NA

LCV 2 T – 3.5 T

12210

0

---

LCV > 3.5T + MHCV

333

0

--- 

3 Wheelers (including electric 3Ws)

2043

0

--- 

Exports for the month of April 2021 were at 2005 vehicles.

Exports – April 2021

Category


April

F22

F21

% Change

Total Exports

2005

733

174%

No comments:

Post a comment