Mahindra & Mahindra Ltd. (M&M Ltd.), one of India's leading automotive companies, today announced that its overall auto sales for the month of March 2024 stood at 68413 vehicles, a growth of 4%, including exports.

In the Utility Vehicles segment, Mahindra sold 40631 vehicles in the domestic market, a growth of 13% and overall, 41161 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 20930.

According to Veejay Nakra, President, Automotive Division, M&M Ltd., 'We ended the financial year F24 on a positive note with Mahindra PikUps crossing 2 Lakh units during the year, which is the highest ever for any commercial vehicle in the load segment in India. In March, we sold a total of 40631 SUVs, with a growth of 13% and 68413 total vehicles, a 4% growth over last year.'

Passenger Vehicles Sales Summary (Domestic) - March 2024

Category 	March 	YTD March
F24 	F23 	% Change 	F24 	F23 	% Change
Utility Vehicles 	40631 	35976 	13% 	459864 	356961 	29%
Cars + Vans 	0 	21 	-100% 	13 	2292 	-99%
Passenger Vehicles 	40631 	35997 	13% 	459877 	359253 	28%

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

Category 	March 	YTD March
F24 	F23 	% Change 	F24 	F23 	% Change
LCV < 2T * 	4012 	3385 	19% 	44093 	40419 	9%
LCV 2 T - 3.5 T 	13601 	17428 	-22% 	191603 	198121 	-3%
LCV > 3.5T + MHCV 	3317 	1469 	126% 	27114 	10036 	170%
3 Wheelers (including electric 3Ws) * 	5279 	5697 	-7% 	77589 	58520 	33%

Exports - March 2024

Category 	March 	YTD March
F24 	F23 	% Change 	F24 	F23 	% Change
Total Exports * 	1573 	2115 	-26% 	24663 	32107 	-23%

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

(C) 2024 Electronic News Publishing, source ENP Newswire