Mahindra & Mahindra has revealed that they have sold 35,976 automobiles in March 2023, a 31 percent increase over the previous month. With 3,56,961 units sold, an increase of 60%, the Indian brand has reached a sixer and set a record for yearly SUV sales.
Mahindra sold 35,997 units in the passenger car market, a 30% increase in March 2023, and 3,59,253 vehicles overall, a 59 percent increase in sales year over year.
Mahindra’s commercial vehicle category is also doing well, with sales of 22,282 cars and an increase of 12% in March 2023. 2,48,576 automobiles were sold in total during the year, a gain of 40%. In FY23, the LCV (Light Commercial Vehicle) sector sold 1,98,121 units, which was a record-breaking number. After selling 1,469 units, Mahindra’s truck and bus segment also saw growth of 77 percent and great results. 10,036 units sold annually is a gain of 56%.
- Mahindra exported 2,115 units during the month, while in March 2023, the business sold 5,697 3-wheelers.
- Mahindra exported 2,115 units during the month, while in March 2023, the business sold 5,697 3-wheelers.
- Mahindra and Mahindra stated that the company has experienced growth of 50% for the car sector on an annual basis and the highest ever statistics, in practically all business areas, according to Veejay Nakra, President of the Automotive Division.