
Mahindra & Mahindra's May 2024 Production and Sales Report: A 12.4% Increase in Utility Vehicle Production
Mahindra & Mahindra Ltd. has released its production, sales, and export figures for May 2024. The company's utility vehicle production saw a significant increase, with the Thar, KUV100 Diesel, KUV100 Petrol, XUV3XO, XUV400, XUV300 Electric, XUV300, Bolero, Marazzo, and XUV700 models collectively producing 3,845 units in May 2024, a 12.4% increase from the previous year. The XUV700 Petrol model and the Maxximo Diesel Vans also showed growth. The company's total production for May 2024 was 69,886 units, a 1.7% decrease from the previous year. This report also includes sales made by the subsidiary company Mahindra Last Mile Mobility Limited from September 01, 2023. Please note that these figures have not been independently verified or audited.
Key Highlights
- 12.4% increase in utility vehicle production in May 2024
- Growth in XUV700 Petrol model and Maxximo Diesel Vans sales
- Decrease in total production for May 2024 by 1.7%
- Inclusion of sales from Mahindra Last Mile Mobility Limited from September 01, 2023
- Unaudited and unverified figures for May 2024