Mahindra Auto November 2024 sales — Following the market trend
- 1Passenger vehicle sales grew by 18.2% year-on-year
- 2Exports grew by half when compared to November 2023
- 3Mahindra Auto sold a total of 79,083 vehicles in November 2024
Similar to what we are witnessing across the Indian automotive market, the month of November 2024 saw a rising trend in year-on-year sales and a declining trend in month-on-month sales. Here’s a detailed Mahindra Auto November 2024 sales analysis with both month-on-month and year-on-year comparisons.
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Mahindra Auto sales November 2024
Mahindra Auto Sales in India | November 2024 | October 2024 | Difference MoM |
Domestic | 76,307 | 93,142 | -16,835 |
Export | 2,776 | 3,506 | -730 |
Total | 79,083 | 96,648 | -17,565 |
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Mahindra Auto Sales in India | November 2024 | November 2023 | Difference YoY |
Domestic | 76,307 | 68,760 | 7,547 |
Export | 2,776 | 1,816 | 960 |
Total | 79,083 | 70,576 | 8,507 |
Please note that the sales numbers stated above reflect the number of units dispatched to dealers and they might vary from the actual number of units sold by dealerships. Furthermore, these numbers include sales of both passenger vehicles as well as commercial vehicles.
MoM and YoY analysis
Mahindra recorded a net 18.2% negative growth when compared to last month’s data. Similar growth trends were observed for both domestic and international markets. When compared to the same month last year, the growth translated to a good 12.1%.
Mahindra passenger vehicle sales
Talking solely about passenger vehicle sales, Mahindra recorded a 15.6% growth in the domestic market. The automaker sold 46,222 SUVs this November compared to 39,981 units in the same month last year.
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Mahindra commercial vehicle sales
The commercial vehicle segment also reported growth across segments barring the LCV < 2T segment, which witnessed a huge 24.1% downfall. The three-wheeler segment also saw a 22% increase in sales as compared to November 2023.