M&M reports 12% rise in overall auto sales in November

02 Dec 2024 Evaluate

Mahindra & Mahindra (M&M) has reported a 12.05% rise in its overall auto sales (including exports) at 79,083 units for the month of November 2024 as compared to 70,576 units in the same month last year. Of the total, the company has posted 16% increase in domestic passenger vehicles sales at 46,222 units in November 2024, as compared to 39,981 units of passenger vehicles in November 2023. 

Domestic sales of three-wheelers, including electric 3Ws, were at 8,043 units in November 2024, as compared to 6,568 units in November 2023, a growth of 22%. The domestic sales for Commercial Vehicles (LCV 2 T - 3.5 T) stood at 18,063 vehicles. Sales of Commercial Vehicles (LCV > 3.5T + MHCV) stood at 881 units. The exports of the company increased 53% to 2,776 units in November 2024 as compared to 1,816 units in November 2023.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.


Mahindra & Mahindra Share Price

2643.40 -5.40 (-0.20%)
13-Mar-2025 16:59 View Price Chart
Peers
Company Name CMP
Maruti Suzuki 11508.65
Mahindra & Mahindra 2643.40
Hyundai Motor India 1642.00
Mercury Metals 66.16
Hindustan Motors 22.53
View more..
© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.
Please wait your portfolio is updating...