Sales: Mahindra Auto sells 40102 vehicles in November 2021
Mahindra & Mahindra Ltd. (M&M Ltd.) announced that its overall auto sales (passenger vehicles+commercial vehicles+exports) for the month of November 2021 stood at 40102 vehicles.
In the Utility Vehicles segment, Mahindra sold 19384 vehicles in November 2021. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 19458 vehicles in November 2021. Exports for the month of November 2021 were at 3101 vehicles.
According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., “Our growth in SUVs continues with an 8% increase in the month of November. The demand remains strong across our product portfolio of SUVs, Pickups, and Small Commercial Vehicles. Momentum in exports continues with a 90% growth. The issues around semi-conductor related parts continue to remain a challenge for the industry. We are monitoring the situation closely and taking appropriate steps.”