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02 Jan 2023
Automobile

Mahindra Sold 25,132 CV Units In December 2022 In Domestic Market

By News Date 02 Jan 2023

Mahindra Sold 25,132 CV Units In December 2022 In Domestic Market

Mahindra CV Domestic Sales Observed a 36.45% Hike In December 2022

Three Wheelers segment observed a remarkable growth of 104% in the domestic market.

Mahindra brand observed a domestic sales growth of 36.45% in the month of December 2022. The company sold 25,132 commercial vehicle units in December 2022 as compared to 18,418 units in December 2021. Mahindra is a recognised market leader in the SCV segment. 

Mahindra CV sales data for December 2022 highlighted progressive sales growth in every segment. The LCV < 2T category recorded 7% growth, with 3,031 units sold in December 2022 compared to 2,822 units in December 2021. Similarly, the 3-wheelers (including electric vehicles) category saw 104% sales growth. Mahindra sold 5,052 three wheelers in India in December 2022 compared with the sales of 2,480 units in December 2021. The LCV 2T - 3.5 T category recorded a 29% sales growth of CV sales in India. As per the Mahindra Truck Sales Report December 2022, the brand sold 16,170 LCV Units (2T - 3.5T) in December 2022 compared to 12,532 units in December 2021. LCV > 3.5T + MHCV category recorded an excellent growth of 51%, with 879 Mahindra truck sales in India in December 2022 in relation to 584 units sold in December 2021.

Official Statement For Mahindra CV Sales Report December 2022

Veejay Nakra, President of the Automotive Division of Mahindra & Mahindra Ltd., “Continuing interest from our clients, have led to great demand across our portfolio in the month of December 2022. We have observed a growth of 61% in our Passenger Vehicles and a 45% overall growth. Due to continuing international disruptions and increasing COVID cases, we are keeping a close monitor on the dynamic supply chain condition.”

Mahindra Export CV Sales Statistics 2022

Mahindra is one of the largest multinational federations of companies. This company covers a network of over 100 countries with 2,60,000 employees. Recently, the brand launched a new CV product in the cargo electric 3W segment for pioneering ESG worldwide. The Mahindra company has a great presence in the renewable energy sector, logistics, real estate, agriculture, and hospitality. 

The Mahindra Export CV Sales Figure 2022 for December show 3,100 units sold, with a 3% increase compared to the 3,017 units sold in December 2021. However, the cumulative Commercial Vehicle Sales Data in December 2022 hiked by 4% compared to the previous year.

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