Mahindra Auto sells 45,640 vehicles in April 2022 registering a growth of 25%

2 May 2022 , 10:08 AM

Mahindra & Mahindra Ltd., one of India’s leading automotive companies, today announced that its overall auto sales for the month of April 2022 stood 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, said company.

Further according to the filing, 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.

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

At around 10:11 AM, Mahindra & Mahindra was trading at Rs928.10 apiece up by Rs6.1 or 0.66% from its previous closing of Rs922 apiece on the BSE.