India :

  • Mahindra & Mahindra Ltd. (Mahindra Auto), a prominent automotive enterprise in India, has disclosed that its total automobile sales for January 2024 reached 73,944 vehicles, marking a 15% increase compared to the previous period. This figure encompasses both domestic sales and exports.
  • In the Utility Vehicles segment, Mahindra recorded sales of 43,068 vehicles in the domestic market, reflecting a robust growth of 31%. Overall, the company sold 43,866 vehicles in this segment, encompassing both domestic sales and exports. Additionally, domestic sales for Commercial Vehicles amounted to 23,481 units.
  • According to Veejay Nakra, President of the Automotive Division at M&M Ltd., “In January, our sales figures reflect significant growth, with a total of 43,068 SUVs sold, marking a healthy 31% increase, and a total of 73,944 vehicles sold, representing a 15% growth compared to the previous year. We kicked off the year by introducing the 2024 XUV700, which boasts a range of new features that enhance comfort, technology, and sophistication. Additionally, in line with the ethos of ‘Viksit Bharat’ this Republic Day, we launched the ‘Drivers of Change’ initiative, which celebrates the accomplishments of women across diverse fields and underscores their pivotal role in propelling India toward advancement and inclusivity.”

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