Mahindra & Mahindra Overall Sales Increased by 36% to 62,294 Units in April

For April 2023, Mahindra has disclosed its sales data for both its passenger and commercial vehicle segments. On all counts, there has been growth. From 22,526 units sold in April 2022 to 34,698 units sold in April 2023, passenger vehicle sales increased by 54 per cent YoY. Sales for the entire portfolio totalled 62,294 units, representing a 36 per cent year-over-year (YoY) increase. Mahindra continued to experience difficulties with the supply of semiconductors, just like every other automobile manufacturer in India. Even though this shortage is not as bad as it was in the previous two years, it has still had a negative impact on production, which has increased the wait times for some models. The Scorpio N and the XUV700 have experienced the longest waiting periods.

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Mahindra Sales Figures: April 2023

A total of 34,698 units were sold in the utility vehicle segment in the past month, up 54 per cent from the 22,526 units that were sold in April 2022. Utility vehicle sales accounted for 34,694 of these sales, a 57 per cent YoY increase over the 22,168 units sold in April 2022. However, sales of cars and vans significantly declined YoY, falling from 358 units sold in April 2022 to just 4 units in the previous month. Sales of LCV 3.5T and MHCV grew by an even greater percentage of 63 per cent to 1,150 units in April 2023 from 705 units sold in April 2022 in the commercial vehicle segment. Mahindra introduced the Bolero Maxx Pik-Up at the end of April 2023 in the 3.5-ton LCV market. It has an ex-showroom price range of Rs 7.85 to Rs 10.33 lakh, an iMAXX-connected solution with over 50 features, and a 2,000 kg payload capacity.

Meanwhile, sales of the Mahindra 3W increased by 85 per cent YoY to 5,552 units in April 2023 from 3,009 units sold in the same month the previous year. Sales of electric three-wheelers were included in this statistic. From 2,703 units sold in April 2022, total exports fell by 33 per cent to 1,813 units in the previous month.

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Mahindra Bolero Surpassed One Lakh Unit Sales Milestone in FY 2023

Mahindra & Mahindra, one of the top automakers in the country, revealed that the Bolero, a well-known SUV, has sold more than one million units, which is a significant milestone for the vehicle. Since the SUV was introduced in 2000, the company has sold more than 14 lakh of them in India. Despite its age, the Mahindra Bolero has consistently been one of the best-selling SUVs and is still a popular choice. Its tough build, all-metal body, and go-anywhere appeal have contributed to its popularity, especially in semi-urban and rural areas of India where it is highly favoured. Because of its simple engineering, it is easy to maintain and has widely available, affordable spare parts. Mahindra has a larger customer base because it also offers a range of body styles, including the standard 7-seater, the under 4-metre variant, and the adaptable Maxi truck in pick-up truck style.