Mumbai : Mahindra & Mahindra Ltd. (M&M Ltd.) has reported 25% growth in its April sales at 45640 vehicles. In the Utility Vehicles segment, Mahindra sold 22168 vehicles in April 2022. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 22526 vehicles in April 2022. Exports for the month were at 2703 vehicles. In the Commercial Vehicles segment, Mahindra sold 17402 vehicles in April 2022 with growth of 23%. 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 April 2022.
“We continued our growth trajectory in the SUV segment with sales of 22168 vehicles registering a growth of 22%. Our Commercial Vehicles registered growth across all segments and exports were also up at 35%. Demand across our products continues to be robust with strong booking numbers and pipeline. There were a number of supply chain challenges due to lockdown in China. We continue monitoring the developments closely and will take corrective action as appropriate” Veejay Nakra, President, Automotive Division, M&M Ltd said.
Mahindra’s Domestic Tractor salesup 51%
Meanwhile, the company’s Farm Equipment Sector (FES), part of the Mahindra Group, today announced its tractor sales numbers for April 2022. Domestic sales in April 2022 were at 39405 units, as against 26130 units during April 2021. Total tractor sales (Domestic + Exports) during April 2022 were at 40939 units, as against 27523 units for the same period last year. Exports for the month stood at 1534 units.