Categories: Business

129% development! Mahindra sees highest-ever month-to-month car gross sales in Sept

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Mahindra & Mahindra has stated that it has offered the highest-ever quantity of automobiles in March, amounting to a development of 129 per cent. The corporate said in a submitting that it offered 64,486 automobiles within the month of September, which is the very best ever month-to-month gross sales. It additionally recorded the very best ever quarter gross sales of 179,683 within the second quarter, which is a rise of 77 per cent over final yr.

The auto firm has stated that it has claimed the No 1 place relating to gross sales of SUVs with the highest-ever gross sales of 34,262 items – a development of 166 per cent from September 2021. It additionally stated that it offered the highest-ever month-to-month electrical 3-wheelers of 4,071 items, which is a development of 170 per cent from September final yr.

In keeping with Veejay Nakra, President, Automotive Division, M&M Ltd., “September was a really thrilling month with a robust begin to the festive season. We proceed to see very robust demand and efficiency throughout our portfolio of merchandise, from SUVs, LCV’s lower than 3.5 tons and our Final Mile Mobility manufacturers. We’re delighted that our SUVs have registered the very best ever gross sales of 34,262 automobiles in addition to highest ever general volumes of 64,486 automobiles for the month of September.”

The corporate said that in home PV gross sales, vehicles and vans class noticed a dip of 9 per cent from 271 items in September final yr to 246 items now.

Passenger car gross sales went up from 13,134 items in September 2021 to 34,508 in September this yr – registering a development of 163 per cent.

In relation to mild industrial automobiles of underneath 2T, Mahindra’s gross sales went up 192 per cent from the identical month earlier yr, whereas LCVs of 2T-3.5T went up 126 per cent.

Mahindra’s tractor gross sales for September have been at 47,100 items, as towards 39,053 items throughout September 2021, a rise of 21 per cent.

Additionally learn: Mahindra Finance says variety of repossessed automobiles will go down after RBI order

Additionally learn: Mahindra Logistics acquires Rivigo Providers, goals to strengthen its categorical enterprise functionality
 

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