Mahindra & Mahindra (M&M), the Mumbai-based automotive major, reported a significant jump in the LCV category weighing more than 3.5 tonnes, including medium and heavy commercial vehicles (MHCV), with a 77% increase to 3274 units in June 2024, compared to 1854 units in June 2023.
According to the data provided by M&M, the sales of vehicles in the Light Commercial Vehicle (LCV) category weighing less than 2 tonnes experienced a jump of 5% to 3223 units in June 2024, compared to 3063 units in June 2023.
However, there was a negative growth trend observed in the LCV category, weighing between 2 and 3.5 tonnes. Sales in this category saw a drop of 12% to 14097 units in June 2024, compared to 16042 units in June 2023.
The three-wheelers,, including electric version, on the other hand witnessed, a 3% drop to 6184 units in June 2024 as against 6377 units in June 2023.