M&M’s May Vehicle Sales See Slight MoM Dip But Strong On Year Growth

Mahindra & Mahindra Ltd.’s all-vehicle sales in May fell slightly month on month. Production rose 4.4% to 89,626 units, while sales dropped 0.4% to 80,458 units. Exports increased 8% to 3,652 units compared to April.

On a year-on-year basis, production rose 28%, sales grew 17%, and exports jumped 37%. These numbers include cars, vans, three-wheelers, and commercial vehicles.

Scorpio remained the top seller with 14,401 units, down from 15,534 in April but up from 13,717 in May 2024. Thar and Thar Roxx sales were 10,389, slightly down from 10,703 in April but up from 5,750 a year ago. Bolero sales rose to 8,942 units from 8,380 in April and 8,026 last May. Commercial vehicle sales fell 6.9% month on month to 21,392 units but increased from 19,826 in May 2024.