Mahindra & Mahindra Ltd. (M&M) sold a total of 42,731 vehicles in November 2020, registering a growth of nearly 4% compared to 41,235 units sold in November 2019.
In the Utility Vehicles segment, M&M sold 17,971 vehicles last month, compared to 14,161 vehicles in November 2019, registering a growth of 27%. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 18,212 vehicles in November 2020, a growth of 24% over the same period last year.
Above domestic sales includes sales made in subsidiary company Mahindra Electric Mobility Ltd
At Mahindra, we are happy to achieve strong double digit growth in SUVs during the month of November, aided by a robust festive demand for all our products. Given strong rural growth and signs of improvement in economic activities, we are hopeful to see this positive momentum continue post the festive season. – Veejay Nakra, CEO, Automotive Division, M&M
As for the CV segment, Nakra said, “We have witnessed double digit growth in pick-ups. Our Small Commercial Vehicle brands Bolero Pik Up, Supro and Jeeto continue to see strong demand in both rural and urban markets.”
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