Mahindra & Mahindra Ltd. (M&M Ltd.), has announced the sales figures for the month of October 2022. The carmaker sold 61,114 vehicles. In the Utility vehicle segment Mahindra sold 32,226 vehicles in October 2022. In the same period, the numbers for the passenger vehicles segment, which includes UVs, Cars and Vans sold 32,298 vehicles in October 2022.
Compared to October 2021, the Utility segment numbers grew by 61%. For the running year, Mahindra has sold 199,278 units while the numbers for the same period last year stood at 112,050. This means a growth of 78%.
Mahindra also exports their vehicles to other countries. In the month of October 2022, the carmaker exported 2,755 units.
In the commercial vehicle segment, Mahindra sold 20,980 units. These include 4,562 LCV’s under 2 ton, 15,728 LCV’s (2-3.5 ton), 690 (MHCVs and LCV>3.5 ton) and 5,081 3-wheelers. Compared to the same period last year, these numbers grew by 41-44% in all categories except the MHCV and LCV>3.5 ton.
Mahindra is currently one of the top sellers of cars in India. Thanks to blockbusters like the new Thar, XUV700 and the new Scorpio, the carmaker has seen a big jump in its sales numbers in recent months. From the looks of it, we must say the Scorpio is really popular in the Indian market.
Mahindra recently launched the XUV300 TurboSport series. This is the first Mahindra SUV to get the all-new 1.2 L mStallion TGDi engine. With this, Mahindra expects to attract new-generation car enthusiasts by offering them a performance oriented vehicle. The performance figure of the TGDi engine reads as 130 PS Power @5000 rpm and 230 Nm of torque @ 1500-3750 rpm. Mahindra is not only the fastest ICE SUV under INR 15 lakhs but also superior to 1.5L engine capabilities offered in some of the higher segments.
Mahindra might also be evaluating launching a lifestyle vehicle in India. A test mule of the Scorpio 4×4 pickup was spotted recently. The utility of such pick-ups in is appreciated especially in hilly terrains or rough rural roads.
Also Read – Mahindra Scorpio 4×4 pick-up spotted testing