M&M
M&M May 2022 sales rises by 208 pc to 53726 vehicles
Mumbai: Auto major, Mahindra & Mahindra Ltd. (M&M) reported a rise of 208 pc in its overall Auto sale in the month of May 2022 at 53726 vehicles.
In May 2021 company overall Auto sale stood at 17447 units
In the Utility Vehicles segment, Mahindra sold 26632 vehicles in May 2022.
The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 26904 vehicles in May 2022. Exports for the month were at 2028 vehicles.
In the Commercial Vehicles segment, Mahindra sold 21149 vehicles in May 2022. All the Light Commercial Vehicle Segments of < 2T, Pickups (2T to 3.5T), >3.5T and the heavy commercial vehicles continued their growth trajectory in May 2022.
Veejay Nakra, President, Automotive Division, M&M Ltd said, “With sales of 26632 SUVs in May, we continued the growth momentum with all our brands performing well including XUV700 and Thar. We are witnessing strong bookings and have a robust pipeline. We announced the launch of Scorpio-N, which is generating very high interest levels and promises to be yet another blockbuster from Mahindra. Our Commercial Vehicles have also registered strong growth across segments. We are closely monitoring the supply chain related issues, which continue to constraint volumes and are taking appropriate actions to mitigate the impact.”
(With UNI inputs)
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