>Automotive

Mahindra auto sales numbers emerge stronger despite pandemic-driven odds

Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, recently announced that its overall auto sales (passenger vehicles + commercial vehicles + exports) for the month of June 2021 stood at 32,964 vehicles.
 
In the Utility Vehicles (UVs) segment, Mahindra sold 16,636 vehicles in June 2021. The Passenger Vehicles segment (which includes UVs, cars and vans) sold 16,913 vehicles in June 2021. Exports for the month of June 2021 were at 2,607 vehicles.
 
According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., “With the opening up of the market in a phased manner, we are seeing a boost in demand in both urban and rural, and we expect the upward trend in demand to continue across all segments and markets. As we come out of the second wave of the pandemic, by and large, our supply chain has stabilised, except for the global semiconductor issue, which still continues to be a challenge that we are addressing as a top priority.”

Enjoyed this story? Hit the Like button to let us know!
You can also share your thoughts in the Comments section below!