Mahindra Sales: Mahindra and Mahindra has recently released its sales data for November 2023. The Indian automaker sold a total of 39981 SUVs last month as compared to just 30,238 units sold in the same month the previous year. As a result of the increased sales, the automaker recorded 32 Percent YoY growth in November 2023. Check out more details below.
Mahindra has removed hatchbacks and sedans from its lineup and sells only SUVs and crossovers now. The carmaker sold passenger vehicles totalling 40764 Units including exports.
Mahindra November 2023 Sales Figures
Category | Nov 2023 | Nov 2022 | YoY change (%) | Oct 2023 |
Utility vehicles | 39,981 | 30,238 | 32% | 43,708 |
Cars + Vans | 0 | 154 | -100% | 0 |
Passenger vehicles | 39,981 | 30,392 | 32% | 43,708 |
Commenting on the company’s sales, Veejay Nakra, President, Automotive Division, M&M Ltd., “We continue our growth trend, backed by strong demand for our SUV portfolio. In November, we sold a
total of 39,981 units, a growth of 32%. While we saw a healthy festive season, we faced
supply challenges on select parts during the month. We are keeping a close watch and
taking appropriate steps to mitigate the challenges”.
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