Mahindra utility vehicles registered a growth of 9 percent in the previous month, while car and van sales registered a decline of 69 percent
Mahindra has given an unprecedented response to the recently launched XUV700. The company has also released its sales report for October 2021 and even as the supply chain remains a constraint on the supply of semi-conductor related parts, the company is making every effort to ensure that Production should not be interrupted and delivery should be on track.
Mahindra Sales October 2021 – PV Domestic Sales
Domestic sales of passenger vehicles saw higher demand for the company’s utility vehicles than cars and vans. Sales of UVs, the more popular of which were Thar, Scorpio, Bolero and XUV700, stood at 20,034 units in October 2021, up 9 per cent from 18,317 units sold in October 2020.
Mahindra Thar has recently been added to the company lineup and bookings recently crossed the 75,000 units mark. There is a demand that the waiting period of Thar increases from around two months to almost a year depending on the variant.
YTD sales in this segment grew by 62 per cent to 1,12,050 units during the period April to October 2021, up from 68,988 units sold in the same period of 2020. The domestic sales of cars and vans stood at 96 units, a growth rate of 69 per cent. Over 305 units were sold in October 2020.
YTD sales however increased by 29 per cent to 1,435 units as compared to 1,109 units sold in the April to October 2020 period. This saw total passenger vehicle domestic sales rise 8 per cent to 20,130 units from 18,622 units sold in October 2020. YTD sales also grew by 62 per cent to 1,13,485 units from 70,097 units sold in the 7-month period of October 2020.
Mahindra commercial vehicle sales October 2021
In the commercial vehicle segment, LCVs in the sub 2 tonne segment posted a 24 per cent Yo-D-growth of 3,175 units from 4,165 units sold in October 2020. However, there was an increase of 14 per cent in 16,270 units from 14,238 units sold in April. -October 2020 period.
In the 2 tonne to 3.5 tonne segment, sales fell 30 per cent YoY in October 2021 to 11,178 units from 15,895 units sold in October 2020. This was also a 3 per cent YTD de-growth from 67,926 units sold in the same period. last year. LCV sales in the above 3.5 tonne segment with MCCV sales increased by 35 per cent to 724 units in the last month, up from 538 units sold in October 2020. YTD sales grew by 142 per cent to 3,216 per cent as compared to 1,330 units sold in the same period of 2020. .
Three wheeler sales which includes the company’s electric range grew 13 per cent to 3,527 units from 3,118 units sold in October 2020. YTD sales grew by 245 per cent to 14,321 units in the April-October 2021 period, against 4,147 units sold in the same period. last year.
Total exports grew by 57 per cent to 3,174 units in October 2021 as compared to 2,021 units sold in October 2020. YTD exports grew by 112 per cent to 17,553 units in the April to October 2021 period, as against 8,296 units sold in the same period of 2020.