Mahindra Auto Registers Strong SUV Sales Number in July . Sells 27854 vehiles
SUV segment saw a 34% increase led by increased demand for XUV700, Thar, Bolero, and XUV300
The month’s exports totaled 2,798 vehicles
Mahindra & Mahindra Ltd. (M&M Ltd.) announced that its total auto sales in July 2022 were 56,148 vehicles.
In July 2022, Mahindra sold 27,854 vehicles in the utility vehicle segment.
The SUV segment saw a 34% increase, fueled by strong demand for all its brands, including the XUV700, Thar, Bolero, and XUV300.
During July 2022, the passenger vehicle segment (which includes UVs, cars, and vans) sold 28,053 vehicles.
The month’s exports totalled 2,798 vehicles.
Mahindra sold 20,946 vehicles in the commercial vehicle segment in July 2022. Company registered growth in Commercial vehicles segment and exports increased by 32%.
With 260,000 employees in over 100 countries, the Mahindra Group is one of the world’s largest and most admired multinational conglomerates. It is the world’s largest tractor company by volume and holds a leadership position in farm equipment, utility vehicles, information technology, and financial services in India. It is well-known in the fields of renewable energy, agriculture, logistics, hospitality, and real estate.
Galactik Views