Photo: Times Now Digital
Mahindra has released its passenger vehicle sales report for the month of October 2022. The company managed to sell a total of 32,298 units of passenger vehicles last month. This figure includes only domestic passenger vehicle sales excluding exports. This indicates an increase in sales of 12,264 units which translates to a 61.21% increase in domestic sales year-on-year. The sales figures for passenger vehicles sold by Mahindra in October 2021 were 20,034 units.
The total number of passenger vehicles sold by Mahindra as of October 2022 is 2,01,021 units. This indicates an increase of 87,536 units in year-on-year domestic sales, which is a 77.13% increase in year-on-year domestic sales. The total year-to-date passenger vehicle sales figures sold by Mahindra in October 2021 were 1,13,485 units.
Commenting on the October 2022 sales report, Vijay Nakra, President, Automotive Division, M&M Limited said, “Our sales volume continued to grow in October due to strong demand for acceleration. We sold 32,226 SUVs in October. , which registered a growth of 61% driven by strong demand across our portfolio. Our commercial vehicles also registered strong growth this month.