Mahindra Records 62 Per Cent Uptick In SUV Sales

Mahindra & Mahindra recorded a bump up of 61 for every cent in December promoting 28,445 models as compared to 17,722 units sold in the same month a yr back. The company’s SUV sales went up by 62 per cent promoting 28,333 models as as opposed to 17,469 models offered a yr in the past. At the identical time, the firm noticed a slump of 56 for each cent in its passenger autos profits at 112 models as when compared to 253 units bought a year ago, in December 2021. Mahindra’s exports much too went up by 3 for each cent providing 3,100 units as compared to 3,017 units transported out in the corresponding month in the former 12 months.

Veejay Nakra, President, Automotive Division, M&M Ltd., “Continuing interest from our consumers have led to solid need across our portfolio in December 2022. We have witnessed development of 61% in our Passenger Automobiles and a 45% total development. Thanks to continuing intercontinental disruptions and growing coronavirus instances, we are retaining a close check out on the dynamic supply chain situation.”

Coming to Mahindra year-to-day (YTD) gross sales in the April 2022 – December 2022 time period, the business saw and uptick of 72 per cent providing 2,59,858 units as as opposed to 1,50,665 models offered in the exact same time period a year in the past. Its SUV sales went up by 73 for each cent advertising 2,57,849 units as when compared to 1,48,903 models marketed in the corresponding period a yr ago. It passenger cars and trucks gross sales much too went up by 14 for every cent promoting 2,009 units as when compared to 1,762 units sold in the very same interval past year. Mahindra’s exports in the very same period of time went up by 4 per cent at 24,733 units as in contrast to 23,671 units bought a year ago.