Business

This company won the SUV segment, in September alone made a record by selling 34,262 vehicles

Photo:IANS This company has won in the SUV segment

Highlights

  • Mahindra becomes number one in SUV segment
  • Record made by selling 34,262 vehicles in September alone
  • Vehicle sales have seen a significant increase in comparison to August

SUV Segment Sale: September has passed. It has been a great month for the audio industry. The sales of the vehicle have seen a significant increase as compared to August. automobile major Mahindra & Mahindra Limited (M&M) Ltd. on Monday said it has become number one in the utility vehicle (SUV) segment with sales of 34,262 units last month.

More vehicles sold in September 2021

The company said it had sold a total of 64,486 units (passenger vehicles 34,508 units, commercial vehicles 27,440 units, exports 2,538 units) last month, up from 28,112 units sold in September 2021. Vijay Nakra, President, Automotive Division, said, “We are seeing very strong demand across our portfolio of products and improvements in SUVs, LCVs under 3.5 tonne and our Last Mile Mobility brand performance.

Auto industry boom

Data has been released regarding the sale of two-wheelers by car and motor companies. According to the information presented by different companies, there is a boom in the auto industry. Almost all companies have made gains in their sales. TVS Motor Company has registered a growth of 9% with sales of 379,011 units in September 2022 as against 347,156 units sold in the month of September 2021.

Two wheeler sales up 9%

Total two-wheeler sales grew by 9% from 3,32,511 units in September 2021 to 3,61,729 units in September 2022, registering a growth of 9% in September 2022. Domestic two-wheeler sales registered a growth of 16% to 283,878 units from 244,084 units in September 2021. The motorcycle registered a growth of 2% with sales of 169,322 units in September 2022, up from 166,046 units in September 2021. The scooter registered a growth of 39% with sales increasing from 104,091 units in September 2021 to 144,356 units in September 2022.

Suzuki Motorcycle India Private Limited has given information

Suzuki Motorcycle India Pvt Ltd on Saturday reported a 27.55 per cent increase in overall sales in September to 86,750 units. The company had sold 68,012 units in the same month last year. Domestic sales stood at 72,012 units in September 2022 while exports were at 14,738 units. “This is the highest total monthly and domestic monthly sales figure recorded by the company since its inception in 2006,” Suzuki Motorcycle India Pvt Ltd (SMIPL) said in a statement.

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