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News and Reviews

Mahindra Auto sells 26632 SUVs and 53726 vehicles overall in May 2022; registers an overall growth of 208% over last year

Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of May 2022 stood at 53726 vehicles.

In the Utility Vehicles segment, Mahindra sold 26632 vehicles in May 2022. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 26904 vehicles in May 2022. Exports for the month were at 2028 vehicles.

In the Commercial Vehicles segment, Mahindra sold 21149 vehicles in May 2022. All the Light Commercial Vehicle Segments of <2T, Pickups (2T to 3.5T), >3.5T and the heavy commercial vehicles continued their growth trajectory in May 2022.

According to Veejay Nakra, President, Automotive Division, M&M Ltd., “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. 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.”

Passenger Vehicles Sales Summary (Domestic) – May 2022
Category May YTD May
F23 F22 % Change F23 F22 % Change
Utility Vehicles 26632 7748 244% 48800 25934 88%
Cars*+ Vans 272 256 6% 630 355 77%
Passenger Vehicles 26904 8004 236% 49430 26289 88%

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

 Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – May 2022        
Category May YTD May
F23 F22 % Change F23 F22 % Change
LCV < 2T 3228 1828 77% 6157 3389 82%
LCV 2 T – 3.5 T 17289 5220 231% 31057 17430 78%
LCV > 3.5T + MHCV 632 188 236% 1337 521 157%
3 Wheelers (including electric 3Ws) 3645 272 1240% 6654 2315 187%
Exports – May 2022
Category May YTD May
F23 F22 % Change F23 F22 % Change
Total Exports 2028 1935 5% 4731 3940 20%

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