Mumbai: Mahindra & Mahindra Ltd. (M&M Ltd.), on Friday announced that its overall auto sales for the month of November 2023 stood at 70,576 vehicles, a growth of 21%, including exports. In the Utility Vehicles segment, Mahindra sold 39,981 vehicles in the domestic market, a growth of 32% and overall, 40,764 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 22,211.
“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” said Veejay Nakra, President, Automotive Division, M&M Ltd.
Meanwhile, the company’s Farm Equipment Sector (FES), part of the Mahindra Group, today announced its tractor sales numbers for November 2023. Domestic sales in November 2023 were at 31,069 units, as against 29,180 units during November 2022. Total tractor sales (Domestic + Exports) during November 2023 were at 32,074 units, as against 30,528 units for the same period last year. Exports for the month stood at 1,005 units.