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%

Nissan India and ExxonMobil join hands

                        Nissan India and ExxonMobil join hands to supply
                            lubricants for the passenger vehicles business

 

• The new range of engine oils is suitable for India’s latest BS-VI standards and is compatible with older generation BS-III or BS-IV Nissan models
• All-new range of engine oils from ExxonMobil enables Nissan vehicles to achieve optimal performance reliability and potential fuel economy benefits

ExxonMobil Lubricants Pvt. Ltd. today announced that it has signed an agreement with Nissan Motor India to supply lubricants for the passenger vehicles (PV) aftermarket business.

 

Commencing in April 2021, ExxonMobil will supply an extensive range of engine oils to Nissan India that is suitable for India’s BS-VI standards, while remaining compatible with older generation BS-III or BS-IV Nissan passenger vehicles. This partnership provides Nissan car owners access to advanced lubricant technology that meets the latest specifications for optimal performance reliability and potential fuel economy benefits.

Speaking on the development, Deepankar Banerjee, CEO, ExxonMobil Lubricants Pvt. Ltd., says, “We are delighted to be Nissan’s trusted partner to provide the latest lubricant technology that helps protect Nissan engines and allows them to run more efficiently. We are honored to be working closely with Nissan’s team to optimize the latest range of engine oils for their specific design needs and offer an excellent experience to their customers. This partnership adds to our continuous efforts to provide consumers with technologically superior and advanced formulated lubricants for their vehicles to keep them performing at their best.”

 

“We are pleased to be partnering with ExxonMobil, as both companies have core strength areas in their respective fields. This collaboration reiterates our commitment of providing the most advanced technologies to our discerning Indian customers. At Nissan our emphasis has always been to provide customer delight, fill unmet needs, bring innovative technologies for a better future and mutually grow business. The partnership with ExxonMobil is a major step in our effort towards this journey,” says Rakesh Srivastava, MD, Nissan Motor India.

 

The all-new range of engine oils – Nissan Genuine Parts Motor Oil SAE 0W-20, 5W-30, 10W-30, 10W-40 – includes synthetic and semi-synthetic PV products that were developed by ExxonMobil’s global research and development center through trials and tests to deliver optimum engine performance in different conditions.

 

Made with ExxonMobil’s proprietary formulation, the latest range of engine oils meets the latest International Lubricant Standardization and Approval Committee (ILSAC) and American Petroleum Institute (API) standards, and also comes with features such as emissions system compatibility, oxidation stability, deposit control along with sludge and varnish protection, engine durability, wear protection for idle-stop and low-speed pre ignition minimization. The co-developed engine oils will be available through the Nissan service network for all variants of Nissan models.

Mahindra’s Auto Sector sells

Mahindra’s Auto Sector sells 9,560 vehicles in May 2020

Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the USD 20.7 billion Mahindra Group, today announced its auto sales performance for the month of May 2020.

In the Passenger Vehicles segment (which includes UVs, Cars and Vans), Mahindra sold 3,867 vehicles in May 2020, compared to 20,608 vehicles in May 2019.

In the Commercial Vehicles segment, the company sold 5,170 vehicles in May 2020, as against 17,879 vehicles in May 2019.

Exports for the month of May 2020 were 484 vehicles.

The company’s overall automotive sales (Domestic + Exports) stood at 9,560 vehicles in May 2020, compared to 45,421 vehicles during May 2019.

Commenting on the performance, Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd. said, “Our performance during May has been muted, due to the challenges the industry is facing. We have opened 70% of our dealerships and retail sales have begun. We are seeing initial traction for our small commercial vehicles and SUV brands such as the Bolero and Scorpio. As new lockdown norms are being announced we are hopeful of demand gaining traction in the coming months.”

Sales Summary May 2020

Category	May			YTD May
	F21	F20	% Change	F21	F20	% Change
Passenger Vehicles	3867	20608	-81%	3867	40574	-90%
Utility Vehicles	3745	19524	-81%	3745	38372	-90%
Cars* + Vans	122	1084	-89%	122	2202	-94%
Commercial Vehicles	5170	17879	-71%	5170	35200	-85%
LCV < 3.5T	5121	16321	-69%	5121	32605	-84%
LCV > 3.5T	10	921	-99%	10	1484	-99%
MHCV	39	637	-94%	39	1111	-96%
3W	39	4569	-99%	39	8885	-100%
Total Domestic Sales	9076	43056	-79%	9076	84659	-89%
Total Exports	484	2365	-80%	1217	4483	-73%
Total Sales (Domestic + Export)	9560	45421	-79%	10293	89142	-88%

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