Mahindra Auto Registers growth of

 Mahindra Auto Registers growth of 91% in passenger vehicle sales; Overall sales at 42983 vehicles in July 2021

Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales (passenger vehicles + commercial vehicles + exports) for the month of July 2021 stood at 42983 vehicles

In the Utility Vehicles segment, Mahindra sold 20797 vehicles in July 2021. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 21046 vehicles in July 2021. Exports for the month of July 2021 were at 2123 vehicles

According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd.,”More than 90% of our dealerships and workshops are now operational across the country. We have seen significant increase in activity levels, enquiries and as a result, sales across our product portfolio. We sold 42983 vehicles overall and registered a growth of 91% in the Passenger Vehicles segment, over same period last year. While supply of semiconductors continues to be a global issue and we are doing everything to address it on priority, July has been an exciting month for us with two new product launches. We launched the Bolero Neo for the new age customer’s looking for a tough, powerful, go-anywhere authentic SUV. We also launched the Supro Profittruck range of SCV’s offering guaranteed higher mileage and payload and have on-boarded Ajay Devgn as the brand ambassador. Both launches have received very positive initial response and we are confident of building on this in the coming months.”

 Passenger Vehicles Sales Summary (Domestic) – July 2021

Category	July			YTD July
	F22	F21	% Change	F22	F21	% Change
Utility Vehicles	20797	10898	91%	63367	22601	180%
Cars*+ Vans	249	127	96%	881	366	141%
Passenger Vehicles	21046	11025	91%	64248	22967	180%

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

Commercial Vehicles Sales Summary (Domestic) – July 2021         

Category	July			YTD July
	F22	F21	% Change	F22	F21	% Change
LCV < 2T	3793	1550	145%	9836	3510	180%
LCV 2 T – 3.5 T	13445	11428	18%	40568	24921	63%
LCV > 3.5T + MHCV	428	125	242%	1296	259	400%
3 Wheelers (including electric 3Ws)	2148	83	2488%	5213	135	3761%

 Exports – July 2021

Category	July			YTD July
	F22	F21	% Change	F22	F21	% Change
Total Exports	2123	1467	45%	8670	3537	145%

Mahindra launches the New BSIV Construction Equipment Range

Mahindra Construction Equipment (MCE) of Mahindra & Mahindra Ltd., part of the Mahindra Group, today introduced BSIV compliant construction equipment with the launch of the new BSIV compliant Motor Grader - Mahindra RoadMaster G9075 & G9595 & Backhoe Loader – and Mahindra EarthMaster SX, and VX. . 

MCE’s BSIV Range adheres to its commitment to lowest cost of maintenance in the industry. The MCE BSIV range will have a robust iMAXX telematics solution providing customers with diagnostic, prognostic, and predictive fleet management along with many other category-leading features. True to Mahindra’s belief of providing disruptive services, it reaffirms its commitment to superior performance, higher uptime and lower operating and owning costs, and thereby higher profits.

 

 

Jalaj Gupta, Business Head, Mahindra Truck & Bus and Construction Equipment., said, “Keeping with our brand purpose to guarantee prosperity for our customers for the Construction Equipment business,  we are happy to introduce our BSIV range of Mahindra EarthMaster Backhoe Loaders. We are a challenger brand and our aim is to provide our customers with best-in-class solutions which provide high reliability and low owning and operating costs, thereby improving their productivity and profitability.”

 

Mr. Gupta further added, “We are also pleased to launch our BSIV compliant range of the Mahindra RoadMaster Motor Graders necessary due to the advent of new emission norms for the Construction Equipment industry. These tough and reliable products have been designed and developed in India after an in-depth understanding of the needs of the consumers which is the hallmark of Mahindra’s product development process.”

 

Mahindra Construction Equipment (MCE) is an Indian Construction Equipment OEM that designs and manufactures machines customized to the needs of Indian customers since 2011. MCE is committed to providing a disruptive customer value proposition of assured higher profits and have a winning range of Backhoe Loaders, EarthMaster and Motor Graders, RoadMaster (17% market share). Currently over 7000 EarthMaster and over 700 RoadMaster are delighting customers with their 24x7 superior performance and are committed to building the nation frugally, driving higher prosperity in the ecosystem.