Mahindra Auto Sector sells 40,403 vehicles in March 2021
Date: 01 Apr 2021
Mahindra
& Mahindra Ltd. (M&M Ltd.), announced that its overall auto sales
(passenger vehicles+ commercial vehicles+ exports) for the month of March 2021
stood at 40,403 vehicles, compared to 6,679 in March 2020.
In the Utility Vehicles segment, Mahindra sold
16,643 vehicles in March 2021, compared to 3,111 vehicles in March 2020. The
Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 16,700
vehicles in March 2021. The growth in March 2021 over March 2020 has been
unprecedented and is not comparable given the onset of pandemic during
mid-March last year.
Veejay Nakra, Chief Executive Officer,
Automotive Division, M&M Ltd. said, “At Mahindra we are witnessing very
good momentum in demand and have a strong pipeline of bookings across our SUV
range of Bolero, Scorpio, XUV300,
All-New Thar and also the Bolero Pik-up. In fact Bolero volumes for March have
been the highest in this financial year and despite supply constraints we have
been able to ramp up production of Bolero Pik-up significantly during the
month. We expect supply challenges to remain for the next two to three months
and then ease out gradually.”
Passenger Vehicles Sales
Summary (Domestic) – March 2021
Category
|
March
|
YTD March
|
F21
|
F20
|
% Change
|
F21
|
F20
|
% Change
|
Utility Vehicles
|
16643
|
3111
|
435%
|
155530
|
179405
|
-13%
|
Cars*+ Vans
|
57
|
272
|
-79%
|
1686
|
7572
|
-78%
|
Passenger Vehicles
|
16700
|
3383
|
394%
|
157216
|
186977
|
-16%
|
*Above Domestic Sales
Includes sales made in subsidiary company Mahindra Electric Mobility Ltd
Commercial Vehicles Sales Summary
(Domestic) – March
2021
Category
|
March
|
YTD March
|
F21
|
F20
|
% Change
|
F21
|
F20
|
% Change
|
LCV < 2T
|
1641
|
49
|
3249%
|
23789
|
36466
|
-35%
|
LCV 2 T – 3.5 T
|
14683
|
2185
|
572%
|
128100
|
151393
|
-15%
|
LCV > 3.5T + MHCV
|
792
|
87
|
810%
|
4270
|
11272
|
-62%
|
3 Wheelers (including
electric 3Ws)
|
4461
|
421
|
960%
|
20525
|
62187
|
-67%
|
Exports for the month of
March 2021 were at 2,126 vehicles
Exports
– March 2021
Category
|
March
|
YTD March
|
F21
|
F20
|
% Change
|
F21
|
F20
|
% Change
|
Total Exports
|
2126
|
554
|
284%
|
18381
|
27026
|
-32%
|