Mahindra & Mahindra Ltd. (M&M Ltd.), today announced that its overall auto sales (passenger vehicles + commercial vehicles + exports) for the month of July 2021 stood at 42983 vehicles.

In the Utility Vehicles segment, Mahindra sold 20797 vehicles in July 2021. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 21046 vehicles in July 2021. Exports for the month of July 2021 were at 2123 vehicles.

According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd.,”More than 90% of our dealerships and workshops are now operational across the country. We have seen significant increase in activity levels, enquiries and as a result, sales across our product portfolio. We sold 42983 vehicles overall and registered a growth of 91% in the Passenger Vehicles segment, over same period last year. While supply of semiconductors continues to be a global issue and we are doing everything to address it on priority, July has been an exciting month for us with two new product launches. We launched the Bolero Neo for the new age customer’s looking for a tough, powerful, go-anywhere authentic SUV. We also launched the Supro Profittruck range of SCV’s offering guaranteed higher mileage and payload and have on-boarded Ajay Devgn as the brand ambassador. Both launches have received very positive initial response and we are confident of building on this in the coming months.”

Passenger Vehicles Sales Summary (Domestic) – July 2021

CategoryJuly YTD July
F22F21% ChangeF22F21% Change
Utility Vehicles207971089891%6336722601180%
Cars*+ Vans24912796%881366141%
Passenger Vehicles210461102591%6424822967180%

*Above Domestic Sales Includes sales made in subsidiary company Mahindra Electric Mobility Ltd

Commercial Vehicles Sales Summary (Domestic) – July 2021       

CategoryJulyYTD July
F22F21% ChangeF22F21% Change
LCV < 2T37931550145%98363510180%
LCV 2 T – 3.5 T134451142818%405682492163%
LCV > 3.5T + MHCV428125242%1296259400%
3 Wheelers

(including electric 3Ws)

2148832488%52131353761%

Exports – July 2021

 CategoryJulyYTD July
F22F21% ChangeF22F21% Change
Total Exports2123146745%86703537145%

TRACTOR SALES –

Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, today announced its tractor sales numbers for July 2021.

Domestic sales in July 2021 were at 25769 units, as against 24463 units during July 2020.

Total tractor sales (Domestic + Exports) during July 2021 were at 27229 units, as against 25402 units for the same period last year.

Exports for the month stood at 1460 units.

Commenting on the performance, Hemant Sikka, President – Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “We have sold 25769 tractors in the domestic market during July 2021 with a growth of 5% over last year. Demand remained buoyant in July as crop sowing operations gained traction with monsoon picking up pace across all the regions. Easing of COVID curbs & robust farm incomes on account of record Rabi crop procurement has bode well for the rural economy. We continue to stay bullish on tractor demand in the coming months owing to revival of monsoon, hike in MSP of key Kharif crops & upcoming festival season. In the exports market, we have sold 1460 tractors with a growth of 55%”.

Farm Equipment Sector
 JulCumulative Jul
 F22F21%ChangeF22F21%Change
Domestic25769244635%1216178904037%
 

Exports

 

1460

 

939

 

55%

 

5541

 

2019

 

174%

       
Total27229254027%1271589105940%

*Exports include CKD

NC

Ka-Chow!