New Delhi: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, Monday announced that its overall auto sales in June 2023 stood at 62,429 vehicles.
In the Utility Vehicles segment, Mahindra sold 32,585 vehicles in the domestic market and overall, 33,986 vehicles, including exports. The sales volume for SUVs was restricted by a short-term disruption in engine-related parts at the supplier end. The semiconductor supply constraints on specific parts like Air Bag ECU continued this month as well, the company said.
The domestic sales for Small Commercial Vehicles (LCV
According to Veejay Nakra, President, Automotive Division, M&M Ltd., “With strong demand for the SUV Portfolio, we have continued our growth trend with domestic sales of 32,585 units in June, a 22% increase. The XUV700 reached an important milestone as it had a high decibel launch in Australia amidst great enthusiasm from customers as well as our partners.
We continue to deliver a healthy YoY growth in HCVs and 3-wheeles segments as well. The SUVs volumes were restricted by a short-term disruption in engine-related parts at the supplier end. The constraints on semiconductor related parts like Air Bag ECU continued during the month too.”
