Mahindra’s SUV Production Drops 42% In May 2021

Last month the home-grown utility automobile producer produced 10,217 SUVs within the nation, a 42.28 per cent decline in comparison with 17,704 models manufactured in April 2021.

In May 2021, Mahindra produced 10,217 SUVs in India, and 120 electrical autos

Mahindra & Mahindra has introduced manufacturing figures for the month of May 2021. The home-grown utility automobile producer has witnessed a 42.28 per cent Month-on-Month (MoM) decline in SUV manufacturing in opposition to April 2021. Last month the home-grown utility automobile producer produced 10,217 SUVs, as in comparison with 17,704 models manufactured in April 2021. Do observe, the corporate’s manufacturing in May 2020 was impacted as a consequence of lockdown-like restrictions imposed to manage the unfold of the coronavirus. Last month, the corporate had briefly halted operations at its manufacturing vegetation for annual upkeep amid the COVID-19 surge.

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In May 2021 Mahindra solely produced Treo electrical three-wheeler in India, which stood at 120 models

As for three-wheelers and lightweight business autos, the corporate manufactured 1,388 models final month 2021 in comparison with 2,680 models in April 2021, registering a de-growth of 48 per cent. In May 2021, the corporate produced solely 120 models of Treo electrical three-wheeler in India. Compared to 712 electrical autos produced in April 2021, the corporate recorded a Month-on-Month decline of 83 per cent. In May 2020, the corporate’s EV manufacturing too stood at zero. Production of Commercial Vehicles declined to 9,987 models in May 2021, in comparison with 16,549 models in April.

As for gross sales, the corporate’s total auto gross sales (passenger autos+ business autos+ exports) for May 2021 stood at 17,447 models in comparison with 36437 autos bought in April 2021, recording a Month-on-Month (MoM) decline of over 52 per cent. Mahindra’s Utility Vehicle (UV) phase accounted for 7,748 models in May 2021, registering a 107 per cent progress in comparison with the 3745 autos bought throughout the identical month final 12 months. The firm additionally exported 1935 models from India in May, out of which SUVs accounted for 755 models.


The firm bought 7,748 utility autos in May 2021

Announcing the gross sales numbers for May 2021, Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd. has mentioned, “We are seeing a strong growth momentum for our entire product portfolio. The Thar is clocking robust bookings, despite extended waiting periods. XUV300 has been a tremendous success and continues to see strong demand. Our power brands (Scorpio and Bolero) continue to do well. With the cases coming down and gradual opening up of markets, we foresee strong demand rebound. We are working closely with our supplier partners to manage supply chain issues and meet the market demand.”