Auto Sale February 2022: Mahindra Sells 27,663 Passenger Vehicles; Reports 38% Growth Over January 2022

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In February 2022, Mahindra offered 27,663 passenger automobiles in India, witnessing a 38 per cent progress in comparison with 19,964 automobiles offered in January 2022. Mahindra’s cumulative gross sales from the PV + CV + exports stood at 54,455 models


In February 2022, Mahindra's cumulative sales from PV & CV segments, plus exports stood at 54,455 units

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In February 2022, Mahindra’s cumulative gross sales from PV & CV segments, plus exports stood at 54,455 models

Mahindra & Mahindra, the home-grown automaker, has launched the month-to-month gross sales numbers for February 2022, throughout which, the corporate offered 27,663 passenger automobiles in India. Compared to the 19,964 automobiles offered in January 2022, the corporate noticed an enormous month-on-month progress of 38.5 per cent. At the identical time, in comparison with 15,391 models offered in February 2021, Mahindra noticed a a lot increased year-on-year progress of 80 per cent. Now, we have now to contemplate the truth that final 12 months throughout this era, Mahindra didn’t promote the XUV700, which is presently one in every of its top-sellers within the firm’s line-up, so, the expansion is merely a one-off anomaly.

In February 2022, Mahindra’s cumulative gross sales from the passenger and business car section, plus exports stood at 54,455 models. That’s an enormous progress of 89 per cent in comparison with the 28,777 automobiles offered in February 2021.

Also Read: Mahindra Reports 20% Growth In Volume At 46,804 Units In January 2022

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Mahindra’s complete 3-wheeler gross sales, together with electrical automobiles, stood at 3.812 models, up by 62 per cent

Commenting on the corporate’s general efficiency, Veejay Nakra, Chief Executive Officer, Automotive Division, Mahindra & Mahindra stated, “With an overall sale of 54,455 vehicles, we have achieved a growth of 89 per cent in February 2022. All segments showed robust growth including SUVs at 79 per cent, which registered the highest ever monthly volume. We expect demand to continue to remain strong as the Covid situation eases further. We continue to closely monitor the semi-conductor related parts supply and take corrective action as appropriate.”

Total home gross sales from business automobiles, together with electrical three-wheelers, stood at 23,978 models. Compared to 11,559 business automobiles offered throughout the identical month in 2021, Mahindra witnessed a triple-digit progress of 107 per cent in February 2022. The firm says that every one the Light Commercial Vehicle Segments of a sub-2 tonne, Pickups, over 3.5- tonné automobiles, and the heavy business automobiles continued their strong progress trajectory in February 2022.

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Mahindra says that every one the Light Commercial Vehicle segments and the heavy business automobiles continued their strong progress trajectory in February 2022

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As for exports, in February 2022, Mahindra’s complete exports stood at 2,814 automobiles, a big progress of 54 per cent in comparison with 1,827 automobiles that had been exported throughout the identical month in 2021. At the identical time, in comparison with 2,861 automobiles exported in January 2022 , the corporate noticed a marginal decline of 1.6 per cent, on a month-on-month foundation.

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With inputs from NDTV

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