Mahindra sales May: Mahindra & Mahindra reports total sales of 53,726 units in May

Mahindra & Mahindra (M&M) said Wednesday that total sales in May were 53,726 units.

The company had reported total sales of 17,447 units as of May 2021.

Passenger vehicle sales of the Mumbai-based auto major in the domestic market stood at 26,904 units last month, while the same was at 8004 units a year ago, the auto major said in a statement.

In the month under review, 24,794 units were sold for commercial vehicles, compared to 7,508 units in the same period a year ago.

The company said exports stood at 2,028 units in May. Overseas shipments were 1,935 units in the corresponding period of the previous fiscal year.

“With sales of 26,632 SUVs in May, we continued the growth momentum with all our brands performing well, including XUV700 and Thar,” said M&M President (Automotive Division) Veejay Nakra.

The company is witnessing strong bookings and has a robust pipeline, he added.

“We have announced the launch of Scorpio-N, which is generating very high interest and promises to be another blockbuster of Mahindra. Our commercial vehicles have also shown strong growth in all segments,” noted Nakra.

The automaker is closely monitoring supply chain issues, which continue to limit volumes, and is taking appropriate steps to mitigate the impact, he added.

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