Mahindra & Mahindra Limited has released its production, sales, and export data for December 2024. The company’s performance reflects mixed trends across various vehicle categories, including utility vehicles, three-wheelers, and electric rickshaws.
Key Highlights (December 2024):
Utility Vehicles:
- Thar (Diesel):
- Production: 6,551 units, up from 5,009 units in December 2023.
- Domestic Sales: 6,825 units, marking a notable YoY increase from 5,067 units.
- XUV700 (Diesel):
- Production: 5,023 units, compared to 3,922 units last year.
- Domestic Sales: 5,272 units, reflecting consistent growth from 4,122 units in December 2023.
- Scorpio (Diesel):
- Production: 11,128 units, up from 10,552 units last year.
- Domestic Sales: 11,686 units, showing steady growth from 10,649 units.
Electric Vehicles (E-Rickshaws):
- Treo Electric:
- Production: 3,563 units, compared to 2,206 units in December 2023.
- Domestic Sales: 4,384 units, marking a significant increase from 2,352 units YoY.
Commercial Vehicles:
- Total Production: 11,332 units, up from 8,083 units last year.
- Total Domestic Sales: 19,502 units, reflecting YoY growth from 17,888 units.
- Exports: Increased to 1,510 units from 542 units in December 2023.
Segment-Wise Trends:
- Utility Vehicles: Strong performance across flagship models such as Thar, Scorpio, and XUV700 continues to drive growth.
- Electric Rickshaws: Significant demand for eco-friendly options like the Treo Electric highlights the company’s focus on sustainability.
- Commercial Vehicles: A robust YoY rise in production and sales indicates increasing demand in this segment.
