In July, Mahindra passenger vehicle sales increased by 29%

2 Aug 2023 , 10:53 AM

Mahindra & Mahindra announced on Tuesday that its domestic passenger car sales jumped by 29% to 36,205 units in July. In July 2022, the automaker had delivered 28,053 passenger vehicles in the domestic market.

Exports fell 9% to 2,540 units last month from 2,798 units the previous year, according to a regulatory filing by Mahindra & Mahindra.

‘We’ve had a record-breaking month.’ We are thrilled to have achieved the highest-ever domestic SUV sales month of 36,205. In a record-breaking 20 months, the XUV700 tribe rose to 1 lakh members. ‘The Scorpio brand also achieved the highest sales in a month since its launch in July,’ Mahindra & Mahindra (M&M) Automotive Division President Veejay Nakra, told ET.

He said that the company’s major brands continue to be in high demand.

‘We will keep a close eye on semiconductor availability and select parts to ensure sustained scaleup,’ Nakra said.

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