IncPres - Company News and Business Information
No Result
View All Result
No Result
View All Result
IncPres - Company News and Business Information
No Result
View All Result
Home India

Mahindra Auto sells 28,333 SUVs with a 62% growth and 56,677 vehicles across portfolio with a 45% growth in December 2022

photoact by photoact
January 3, 2023
in India
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of December 2022 stood at 56,677 vehicles.

02 JANUARY, 2023 | India

Mumbai, 2 January 2023: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of December 2022 stood at 56,677 vehicles.

In the Utility Vehicles segment, Mahindra sold 28,333 vehicles in December 2022. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 28,445 vehicles in December 2022.

Exports for the month were at 3,100 vehicles. In the Commercial Vehicles segment, Mahindra sold 20,080 vehicles in December 2022.

According to Veejay Nakra, President, Automotive Division, M&M Ltd., “Continuing interest from our customers have led to strong demand across our portfolio in December 2022. We have seen growth of 61% in our Passenger Vehicles and a 45% overall growth. Due to continuing international disruptions and increasing coronavirus cases, we are keeping a close watch on the dynamic supply chain situation.”

Passenger vehicles sales summary (Domestic) – December 2022

Category December YTD December
  F23 F22 % Change F23 F22 % Change
Utility Vehicles 28,333 17,469 62% 257,849 148,903 73%
Cars + Vans 112 253 -56% 2009 1762 14%
Passenger Vehicles 28,445 17,722 61% 2,59,858 1,50,665 72%

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

Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – December 2022

Category December YTD December
  F23 F22 % Change F23 F22 % Change
LCV <2T 3,031 2,822 7% 31,844 21,501 48%
LCV 2 T – 3.5 T 16,170 12,532 29% 1,45,351 90,181 61%
LCV > 3.5T + MHCV 879 584 51% 6,532 4,321 51%
3 Wheelers (including electric 3Ws) 5,052 2,480 104% 40,911 19,356 111%

Exports – December 2022

Category December YTD December
  F23 F22 % Change F23 F22 % Change
Total Exports 3,100 3,017 3% 24,733 23,671 4%

About Mahindra

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.

The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise 

Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room

Media contact information

Pramuch Goel
VP & Head – Group Communications
Mahindra Group
Email – [email protected]

Read this press release in



Source link

Related

Mahindra introduces a new range of the Thar starting at INR 9.99 Lakh; now accessible to a wider range of thrill-seekers

Mahindra Lifespaces recognized with a Double ‘A’ leadership score in CDP’s Climate Change and Water Security rankings

Mahindra’s Farm Equipment sector sells 21,640 Units in India during December 2022

Tags: Mahindra & Mahindra
ShareTweetShareSendSharePinShareSend

RelatedNews

Mahindra introduces a new range of the Thar starting at INR 9.99 Lakh; now accessible to a wider range of thrill-seekers

by photoact
January 10, 2023
0

Mahindra & Mahindra Ltd., pioneers of the SUV segment in India, today introduced an all-new range on the Thar.09 JANUARY, 2023 |...

Mahindra Lifespaces recognized with a Double ‘A’ leadership score in CDP’s Climate Change and Water Security rankings

by photoact
January 6, 2023
0

real estate and infrastructure Mahindra Lifespaces® is the only Indian company to secure a place on CDP’s annual ‘A’ list...

Mahindra’s Farm Equipment sector sells 21,640 Units in India during December 2022

by photoact
January 4, 2023
0

Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, today announced its tractor sales numbers for...

tech-m-new-logo-688x278.png

Swimming Australia and Tech Mahindra Partner to Empower High Performing Athletes & Revolutionize Fan Experience

by photoact
December 18, 2022
0

Swimming Australia is excited to announce an innovative new partnership with Tech Mahindra, a leading provider of digital transformation, consulting,...

Mahindra to locate EV Manufacturing Plant in Pune, Maharashtra

by photoact
December 16, 2022
0

Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that their investment of Rs. 10,000...

tech-m-new-logo-688x278.png

Airtel partners with Tech Mahindra to deploy captive private network at Mahindra’s Chakan Facility

by photoact
December 15, 2022
0

Bharti Airtel ("Airtel"), India's premier communications solutions provider and Tech Mahindra, a leading provider of digital transformation, consulting, and business...

ADANI Adani Enterprises Adani Group Aditya Birla Group Airtel Ambuja Cement Apollo Hospitals Apple Inc Aster DM Healthcare Bajaj Auto Bank of America Cigna Corporation Cognizant India Dabur India Dalmia Bharat Exxon Mobil FedEx Corp General Electric Godrej Group HAL Home Depot ICICI Bank Indian Bank Infosys JPMorgan Chase & Co Kubota Corporation L&T Mahindra & Mahindra Meta Platforms Microsoft National Aluminium Company Nestle India Royal Dutch Shell Samsung Global Saudi Aramco Standard Chartered Bank Steel Authority of India Sun Pharma Tata Consumer Products Tata Motors Tata Power Tata Steel UltraTech Limited Verizon Communications Voltas Limited

    © 2022 incPres.com

    No Result
    View All Result

      © 2022 incPres.com