Mahindra’s SUV sales up 40% in Feb 2024

Mahindra sold 42,401 SUVs in February, witnessing a YoY growth of 40 percent in the domestic market.

Mahindra Thar Earth edition
Mahindra Thar Earth edition (Image: Mahindra)

Mahindra, one of India’s leading automotive companies, today announced that its overall auto sales for the month of February 2024 stood at 72,923 vehicles, a growth of 24%, including exports.

In the Utility Vehicles segment, Mahindra sold 42,401 vehicles in the domestic market, a growth of 40% and overall, 42,941 vehicles, including exports.

According to Veejay Nakra, President, Automotive Division, M&M Ltd., “We sold a total of 42,401 SUVs in February, with a growth of 40% and 72,923 total vehicles, a 24% growth over last year. In our endeavour to make some of our SUVs available faster to consumers, we launched the Scorpio N Z8S variant and the Thar Earth edition this month.”

In other news, Mahaindra’s new Scorpio N has been selling well for the manufacturer, beating the Hyundai Creta sales in the previous months, while the carmaker is also getting ready to launch the updated version of the XUV300 and the five-door version of the Thar. The carmaker has also trademarked the Scorpio X name, hinting at the launch of the Scorpio-based pickup.

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This article was first uploaded on March one, twenty twenty-four, at fifteen minutes past eleven in the morning.
Market Data
Market Data