Business

Mahindra Auto July 2021 passenger vehicle sale jumps by 91 pc

Mumbai : Auto major, Mahindra & Mahindra has reported a Jump of 91 per cent in passenger Vehicle sale for the month of July 2021 at 21046 units as against 11025 vehicles sold in July 2020.
In the Utility Vehicles segment, Mahindra sold 20797 vehicles in July 2021 and Car and Van segment it sold 249 vehicle and Exports for the month of July 2021 were at 2123 vehicles.
Overall auto sales (passenger vehicles + commercial vehicles + exports) for the month of July 2021 stood at 42983 vehicles.
According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., “More than 90 pc of our dealerships and workshops are now operational across the country. We have seen significant increase in activity levels, enquiries and as a result, sales across our product portfolio. We sold 42983 vehicles overall and registered a growth of 91 pc in the Passenger Vehicles segment, over same period last year. While supply of semiconductors continues to be a global issue and we are doing everything to address it on priority, July has been an exciting month for us with two new product launches. We launched the Bolero Neo for the new age customer’s looking for a tough, powerful, go-anywhere authentic SUV. We also launched the Supro Profittruck range of SCV’s offering guaranteed higher mileage and payload and have on-boarded Ajay Devgn as the brand ambassador. Both launches have received very positive initial response and we are confident of building on this in the coming months.”
UNI

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