Mahindra Auto Dec 2022 sales grow by 45 pc

Mumbai: Auto major, Mahindra & Mahindra (M&M ) on Monday reported a rise of 45 per cent in its overall auto sales for the month of December 2022 at 56,677 vehicles as compared with 39157 vehicles sold in December 2021.

IBNS • 2 Jan 2023, 05:00 pm

In the Utility Vehicles segment, Mahindra sold 28,333 vehicles in December 2022. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 28,445 vehicles in December 2022.

Exports for the month were at 3,100 vehicles. In the Commercial Vehicles segment, Mahindra sold 20,080 vehicles in December 2022.

According to Veejay Nakra, President, Automotive Division, M&M Ltd., Continuing interest from our customers have led to strong demand across our portfolio in December 2022. We have seen growth of 61 percent in our Passenger Vehicles and a 45 percent overall growth. Due to continuing international disruptions and increasing coronavirus cases, we are keeping a close watch on the dynamic supply chain situation.''

(With UNI inputs)