Mahindra’s Strong Run Continues, With Highest-Ever SUV Sales in October

In October, homegrown automaker Mahindra & Mahindra recorded its highest-ever SUV volume in the domestic market for the fourth straight month.

WhatsApp Group Join Now
Telegram Group Join Now
Instagram Group Join Now

SUVs from Mahindra include the Scorpio-N, Scorpio Classic, XUV700, XUV300, Thar, Bolero, and Bolero Neo.

Mahindra sold 43,708 SUVs in October, a 36% increase over the 32,226 cars sold in the same month previous year.

“While strong festive demand should see us maintain our growth momentum in November, we will keep a close eye on select supply-related challenges,” stated Veejay Nakra, President, Mahindra & Mahindra’s Automotive Division.

Mahindra’s SUV volume in July was 36,205 units, a record for the firm at the time. In August, the firm beat its own record with 37,270 units, and then again in September with 41,267 units.

According to Nakra, the company’s SUV capacity would expand to 49,000 units in the fourth quarter of the current fiscal year (FY24).

Read More: Ultraviolette Is Going Global, Revealing The international-Spec F77 At EICMA 2023

He stated that the business is raising capacity on the brands with the longest wait times, including the Scorpio-N, XUV700, and Thar.

Mahindra’s SUV volume

MonthFY24 (units)FY23 (units)Growth

Source – Company

Axpert Media News Desk
Axpert Media News Desk
Axpert Media News Desk is an Internet media Website and our goal is to reach out People all over world with News, Informations & Entertainment. Ect, founder & ceo Krishnaanand

Latest articles

Related articles

Leave a reply

Please enter your comment!
Please enter your name here