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 2023 stood at 60188 vehicles, a growth of 6%, including exports.

In the Utility Vehicles segment, Mahindra sold 35171 vehicles in the domestic market, a growth of 24% and overall, 36349 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 17888.

Veejay Nakra, President, Automotive Division, M&M Ltd. said, 'In December, we sold a total of 35171 SUVs, a healthy growth of 24% over last year. We continued to face some supply challenges on select parts. We are working closely with our suppliers to mitigate these challenges going forward'.

Passenger Vehicles Sales Summary (Domestic) -December 2023

Category 	December 	YTD December
F24 	F23 	% Changes 	F24 	F23 	% Changes
Utility Vehicles 	35171 	28333 	24% 	333764 	257849 	29%
Cars + Vans 	3 	112 	-97% 	13 	2009 	-99%
Passenger Vehicles 	35,174 	28445 	24% 	333777 	259858 	28%

Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) - December

Category 	December 	YTD December
F24 	F23 	% Changes 	F24 	F23 	% Changes
LCV < 2T * 	2849 	3031 	-6% 	31896 	31844 	0%
LCV 2 T - 3.5 T 	12668 	16170 	-22% 	145107 	145351 	0%
LCV > 3.5T + MHCV 	2371 	879 	170% 	18571 	6532 	184%

3 Wheelers

(including electric 3Ws) * 	5307 	5052 	5% 	60503 	40911 	48%

Exports - December 2023

Category 	December 	YTD December
F24 	F23 	% Changes 	F24 	F23 	% Changes
Total Exports * 	1819 	3100 	-41% 	19805 	24733 	-20%

Includes sales made by subsidiary company Mahindra Last Mile Mobility Limited w.e.f. September 01, 2023

About Mahindra

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260000 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/newsroom

Media contact information

Nayana Borthakur

Head - Communications

Automotive & Farm Equipment Sector

Mahindra & Mahindra Limited

Email - borthakur.nayana@mahindra.com

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