Mahindra Auto sells 29,516 SUV's and 59,049 vehicles overall in August 2022

Mahindra & Mahindra Ltd. (M&M Ltd.), one of India's leading automotive companies, today announced that its overall auto sales for the month of August 2022 stood at 59,049 vehicles.

In the Utility Vehicles segment, Mahindra sold 29,516 vehicles in August 2022. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 29,852 vehicles in August 2022.

Exports for the month were at 2,912 vehicles. In the Commercial Vehicles segment, Mahindra sold 21,492 vehicles in August 2022.

According to Veejay Nakra, President, Automotive Division, M&M Ltd., "August was a very exciting month with launches across many segments for us. Demand across our portfolio remains strong and is enhanced with blockbuster launches of Scorpio-N, Scorpio Classic and new Bolero MaXX Pik-up. We registered highest ever SUV Volume of 29,516 in August, registering a growth of 87% over August '21. Our Commercial Vehicles continue to deliver strong performance registering strong growth across segments. The supply chain situation continues to remain dynamic for select product lines and we are taking appropriate actions to minimize impact."

Source : Equity Bulls

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MahindraandMahindra MandM SalesVolume August2022 Auto