Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) has reported a 0.48% rise in its overall auto sales (including exports) at 66,444 units for the month of July 2024 as compared to 66,124 units in the same month last year. Of the total, the company has posted 15% increase in domestic passenger vehicles sales at 41,623 units in July 2024, as compared to 36,205 units of passenger vehicles in July 2023. 

Domestic sales of three-wheelers, including electric 3Ws, were at 3593 units in July 2024, as compared to 6481 units in July 2023, a de-growth of 45%. The domestic sales for Small Commercial Vehicles (LCV 2 T - 3.5 T) stood at 13,541 vehicles. Sales of Commercial Vehicles (LCV > 3.5T + MHCV) stood at 3,136 units. The exports of the company decreased 40% to 1515 units in July 2024 as compared to 2540 units in July 2023.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.