Car Sales Report India January 2022
Mahindra & Mahindra, India’s largest manufacturer, has revealed its monthly sales figures for January 2022. The company’s total sales from passenger automobiles, commercial vehicles, and exports were 46,804 units last month. In comparison to the 39,149 units sold in the same month in 2021, the firm had an almost 20% year-over-year increase. When compared to the 39,157 automobiles sold in December 2021, the firm had a comparable 20% month-on-month increase. Sales from the firm tractor and agricultural equipment industry are not included.
Sales And Production Milestones
Veejay Nakra, CEO, Mahindra & Mahindra Ltd.’s Automotive Division, commented on the company’s sales success, “We continued our growth trajectory with an overall growth of 20 per cent in January 2022. Our Commercial Vehicles registered growth across all segments and ended the month with an overall impressive growth of 58 per cent.” He further added, “Despite various global supply chain challenges, we fulfilled our commitment of billing the first 14000 XUV700s by January 2022 and have registered close to 1,00,000 bookings since launch, a major milestone in the Indian SUV Industry. We continue to closely monitor the semi-conductor related parts issue and take corrective action as appropriate.”
Mahindra Sales Report India
Mahindra’s total passenger vehicle sales in January 2022, which include utility vehicles, sedans, and vans, were 19,964 units, down 3% from the 20,634 units sold in the same month the previous year. The UV category also had a 3% reduction, with 19,848 vehicles sold in January 2021 compared to 20,498 in January 2021. Meanwhile, total PV sales, which include electric cars, fell 15% to 116 units in January 2021, compared to 136 units sold in January 2021.
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Mahindra Commercial Vehicles Sales
In terms of commercial vehicles, the company’s total sales of light, medium, and heavy commercial vehicles reached 23,979 units in January 2021, up over 48% from 16,229 units sold in January 2021. Mahindra also exported 2,861 automobiles from India in January 2022. The company had a solid YoY gain of 25% compared to 2,286 vehicles exported in the same month previous year.