Mahindra SUVs Rise In Popularity According To Record Sales
Exports for the month for Mahindra were at 2,115 units, and the company sold 5,697 vehicles of 3-wheelers in March 2023.
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Mahindra & Mahindra announced its highest-ever auto sales number for March 2023 which is recorded at 35,976 vehicles with a growth of 31 percent. The Indian brand has hit a sixer and clocked the highest-ever annual sales for SUVs at 3,56,961 units recording a growth of 60 percent.
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In the passenger vehicle segment, Mahindra has sold 35,997 units, registering a growth of 30 percent in March 2023 and clocked an annual sale of 3,59,253 vehicles up 59 percent.
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Mahindra’s commercial vehicle segment is also in the green with a growth of 12 percent and a sale of 22,282 vehicles in March 2023. Sale numbers for the year accounted for 2,48,576 vehicles with a growth of 40 percent. The LCV (Light Commercial Vehicle) segment recorded its highest-ever annual sales of 1,98,121 units in FY23. Mahindra’s truck and bus division also recorded positive numbers and a growth of 77 percent after selling 1,469 units. The annual sale of 10,036 units accounts for a growth of 56 percent.
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Exports for the month for Mahindra were at 2,115 units, and the company sold 5,697 vehicles of 3-wheelers in March 2023.
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According to Veejay Nakra, President of the Automotive Division, Mahindra and Mahindra said that the company has recorded growth of 50 percent for the auto sector on a yearly basis and the highest ever numbers, in almost all segments of the business.
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