Mahindra Auto sells 40,631 SUVs, up 13% YoY

Mahindra & Mahindra Ltd., one of India’s leading automotive companies, today announced that its overall auto sales for March 2024 stood at 68,413 vehicles, a growth of 4%, including exports.

In the Utility Vehicles segment, Mahindra sold 40,631 vehicles in the domestic market, a growth of 13% and overall, 41,161 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 20,930.

Three-wheeler sales declined 7% in March at 5279 units versus 5697 units in FY23. 

"We ended the financial year FY24 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 40,631 SUVs, with a growth of 13% and 68,413 total vehicles, a 4% growth over last year," said Veejay Nakra, President, Automotive Division, M&M Ltd.