Mahindra registers 208% growth in May: XUV700 and Thar in high demand – Times of India

Mahindra & Mahindra Ltd. today announced that it registered an overall auto sales of 53,726 vehicles in the month of May 2022. The brand registered a growth of 208% as compared to the sales in May 2021.

Passenger Vehicles Sales Summary (Domestic) – May 2022
CategoryMayYTD May
F23F22% ChangeF23F22% Change
Utility Vehicles266327748244.00%488002593488.00%
Cars*+ Vans2722566.00%63035577.00%
Passenger Vehicles269048004236.00%494302628988.00%

In the Utility Vehicles segment, Mahindra registered 26,632 unit sales in May 2022. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sales stood at 26,904 vehicles last month. The exports for May were recorded at 2,028 vehicles.

Exports – May 2022
CategoryMayYTD May
F23F22% ChangeF23F22% Change
Total Exports202819355.00%4731394020.00%

Veejay Nakra, President, Automotive Division of 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.”

Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – May 2022
CategoryMayYTD May
F23F22% ChangeF23F22% Change
LCV 2 T – 3.5 T172895220231.00%310571743078.00%
LCV > 3.5T + MHCV632188236.00%1337521157.00%
3 Wheelers (including electric 3Ws)36452721240.00%66542315187.00%

In the Commercial Vehicles segment, Mahindra registered 21,149 unit sales in the month of May 2022. “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,”said Veejay Nakra.
Mahindra has already announced the launch of the all-new Scorpio-N on 27th June. According to the media reports, the brand also confirmed that the Mahindra XUV700 has received over 1.7 lakh bookings since its launch and will have a waiting period of 18 to 24 months.

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