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Mahindra emerges as fastest-growing brand in South Africa

12 Jan 2023 , 03:16 AM

According to a report by the National Association of Automobile Manufacturers of South Africa (NAAMSA), the Indian automaker Mahindra has been named the fastest-growing brand in South Africa for the year 2022, as the company’s local subsidiary set several records in the year.

According to the report, ‘Mahindra SA’ increased its sales volume by 78% compared to 2021, the highest of any vehicle brand that reports its sales to NAAMSA and more than five times the market average.

According to the sales report, Mahindra increased its total passenger vehicle market sales by 80% to 4,027 vehicles in 2022, and its light commercial sales (which include the popular Pik Up and Bolero ranges) by 77% to 8,885 vehicles.

According to the company, it reached an average monthly sales figure of more than 1,000 units per month, breaking through the magical 10,000 unit per year mark for the first time and nearing the 14,000 total sales for the year.

This is also the second year in a row that Mahindra has been named South Africa’s fastest-growing brand, and the brand’s fourth year in a row that it has been named one of the country’s fastest-growing brands.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • Auto News
  • Mahindra
  • Mahindra News
  • Mahindra Sales
  • Mahindra South Africa
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