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Mahindra Sales Breakup - March 2024
Mahindra, one of the top automotive manufacturers in the country has announced a 12.94% year-over-year (YoY) growth for the month of March 2024. The top-selling Scorpio model had a 72% YoY growth with 6,363 more units sold in March 2024 when compared to March 2023.
Established on the 2nd of October, 1945, Mahindra and is currently one of the largest automobile manufacturers in the country and only offers SUVs in their current line-up. Let's have a look at the sales of Mahindra in March 2024.
Mahindra Scorpio/N (15,151 units)
Starting at the top of the list, we have the Mahindra Scorpio/N which had sales of 15,151 units in March 2024. This is a 72.41% increase over their sales for March 2023 which had 8,788 units sold. The Scorpio/N currently holds a 37.29% share in the total units sold last month.
Mahindra Bolero (10,347 units)
At number two, with quite a hit on the charts is the Mahindra Bolero with 10,346 units sold accounting for 25.47% of the total units sold in March 2024. This is a year-by-year growth of 8.39% with 9,546 units sold in February 2023.
Mahindra XUV700 (6,611 unit)
The XUV700, third on the list, has experienced a growth of 29.45% in its year-by-year sales when compared to the 5,107 cars sold in March 2023, having sold 6,611 units in March 2024 which is 16.27% of the total units sold in the month.
Mahindra Thar (6,049 units)
At number four, we have the Mahindra thar which sold 6,049 units, holding 14.89% of the total units sold in March 2024. A 20.79% growth from March 2023's 5,008 units sold.
Mahindra XUV300 (2,072 units)
At number five we have the Mahindra XUV300 which has decreased in sales when compared to March 2023. 2,072 units of the XUV300 were sold in March 2024 which is -59.59% of the 5,128 units sold in the previous year.
Mahindra XUV400EV (350 units)
The Mahindra XUV400 EV at number six experienced a decrease in sales, with 350 units being sold in March 2024 as compared to the 1.909 units sold the previous year which is -81.67% lower.
Mahindra Marazzo (51 units)
Mahindra sold 51 units of the Marazzo in March 2024, which is an unfortunate -89.59% decrease in YoY sales with March 2023 having 490 units sold. The Marazzo manages to make the list with 0.13%.
Drivespark Thinks:
Challenges are evident with models like the XUV300 and XUV400 EV experiencing declines. Despite these problems, Mahindra remains a prominent player in India's automotive market.
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