Mahindra Auto Sector sells 35,187 vehicles in Dec 2020

Date: 01 Jan 2021

Mahindra & Mahindra Ltd. announced that its overall auto sales (passenger vehicles+ commercial vehicles+ exports) for the month of December 2020 stood at 35,187 vehicles, compared to 39,230 in December 2019.

In the Utility Vehicles segment, Mahindra sold 16,050 vehicles in December 2020, compared to 15,225 vehicles in December 2019, registering a growth of 5%. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 16,182 vehicles in December 2020, a growth of 3% over same period last year.

 According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd. “At Mahindra we have witnessed a growth of 5% in Utility Vehicles in the month of December. Our overall sales have been affected due to the continuing supply chain challenges related to the constantly changing global environment, more specifically the supply shortage of micro-processors (semiconductors) used in Electronic Control Unit (ECUs). Demand continues to remain strong even after the festive season and as we get into the new year.”

Passenger Vehicles Sales Summary (Domestic) – December 2020

Category

December

YTD December

F21

F20

% Change

F21

F20

% Change

Utility Vehicles

16050

15225

5%

103009

146164

-30%

Cars*+ Vans

132

466

-72%

1482

6695

-78%

Passenger Vehicles

16182

15691

3%

104491

152859

-32%

 *Above Domestic Sales Includes sales made in subsidiary company Mahindra Electric Mobility Ltd

Commercial Vehicles Sales Summary (Domestic) – December 2020 

Category

December

YTD December

F21

F20

% Change

F21

F20

% Change

LCV < 2T

1989

3511

-43%

19982

30683

-35%

LCV 2 T – 3.5 T

11400

11668

-2%

94125

118116

-20%

LCV > 3.5T + MHCV

541

839

-36%

2346

9304

-75%

3 Wheelers (including electric 3Ws)

2865

5372

-47%

10866

49786

-78%

Exports for the month of December 2020 were at 2,210 vehicles

Exports – December 2020

 Category

December

YTD December

F21

F20

% Change

F21

F20

% Change

Total Exports

2210

2149

3%

12142

22872

-47%

  

 

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