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05 Dec 2022

Mahindra Sold 24,789 Commercial Vehicles in November 2022 Sales

By News Date 05 Dec 2022

Mahindra Sold 24,789 Commercial Vehicles in November 2022 Sales

Mahindra Sold 24,789 Commercial Vehicles in November 2022 Sales

The 3 Wheelers segment created a maximum sales gain of 103%, including the electric 3-wheelers. 

Mahindra has released the commercial vehicle sales data, and it is visible that the company has created a good upward trend in business. The brand manufactures products based on the customers' requirements and their work. The Small Commercial Vehicle segment is Mahindra's best forte, and they have the highest market share. Here is the Mahindra truck sales report November 2022. 

Mahindra Truck Sales Figures 2022

The categorised truck sales data of the brand is also visible in the report, and all of them are positive. For example, the LCV<2T category ended the month with a 10% increase as the company sold 2,643 units in November 2022 against the 2,409 units of the same month last year. 

The LCV 2 T – 3.5 T increased by 34%, with 16,193 units compared to the 12,049 units in November 2021. The heavy-duty category, LCV > 3.5T + MHCV segments, created a growth of 45% with 755 vehicles sold. The company sold 5,198 units against the 2,564 units in November 2021; as a result, it made the biggest growth, with 103%.

Vijay Nakra, President of the Automotive Division of Mahindra & Mahindra Ltd., stated, "Our sales volume resumed to grow in November powered by robust demand across our portfolio. We sold 30,238 SUVs in November, recording a growth of 56%. We have also registered a strong growth of 31% in our Commercial Vehicles. The supply chain situation continues to be dynamic due to continuing international disruptions. We are keeping a close watch and are taking appropriate steps."

The total truck sales in India in Mahindra stand at 24,789 units against 17,543 units in November 2021. As a result, the brand gained 41.30% in sales last month. 

Mahindra Export Sales November 2022

Mahindra's export sales statistics for 2022 experienced 1% of growth. As a result, the company sold 3,122 units in November 2022, compared to the 3,101 units sold in November last year. 

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