Mumbai, Sept. 1 -- The company's total sales for August 2024 were 75,883 vehicles.
In the Utility Vehicles segment, Mahindra sold 39,399 vehicles in the domestic market, a de-growth of 9% on year-over-year (YoY) basis. Including exports, the total count for Utility segment was 40,846 vehicles. The domestic sales for Commercial Vehicles stood at 22,427 units, up 11% YoY.
According to Nalinikanth Gollagunta, CEO, Automotive Division, M&M: "August witnessed relatively robust demand in the SUV segment amidst anticipated GST rate changes.
This month, Mahindra reported 7.4% YoY growth in PV Vahan registrations. In our commercial vehicles segment, Vahan registrations grew by 16% YoY (<7.5T LCV category).
With the final GST announcement appro...
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