Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, announced that their overall auto sales for the month of July 2022 stood at 56148 vehicles.
In the Utility Vehicles segment, Mahindra sold 27854 vehicles in July 2022. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 28053 vehicles in July 2022.
Exports for the month were at 2798 vehicles. In the Commercial Vehicles segment, Mahindra sold 20946 vehicles in July 2022.
According to Veejay Nakra, President, Automotive Division, M&M Ltd., “We continued our strong performance with sales of 27854 SUVs in July, registering a growth of 34% fueled by robust demand for all our brands including XUV700, Thar, Bolero and XUV300. Our Commercial Vehicles also registered growth and exports were up at 32%. The supply chain situation continues to remain dynamic, and we are monitoring the situation closely.”
Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 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