Mahindra & Mahindra (M&M), a passenger, commercial and utility vehicles maker,  on August 2 announced that its overall auto sales (passenger vehicles + commercial vehicles + exports) for the month of July 2021 stood at 42,983 vehicles.

In the Utility Vehicles segment, Mahindra sold 20,797 vehicles in July 2021, registering a growth of 91% over July 2020.

The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 21,046 vehicles in July 2021, higher by 91% over July 2020. Exports for the month of July 2021 were at 2,123 vehicles, up by 45% over July 2020.

According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M, "More than 90% of our dealerships and workshops are now operational across the country. We have seen significant increase in activity levels, enquiries and as a result, sales across our product portfolio.

We sold 42,983 vehicles overall and registered a growth of 91% in the Passenger Vehicles segment, over same period last year.While supply of semiconductors continues to be a global issue and we are doing everything to address it on priority, July has been an exciting month for us with two new product launches.

We launched the Bolero Neo for the new age customer’s looking for a tough, powerful, go-anywhere authentic SUV. We also launched the Supro Profittruck range of SCV’s offering guaranteed higher mileage and payload and have on-boarded Ajay Devgn as the brand ambassador. Both launches have received very positive initial response and we are confident of building on this in the coming months."

Shares of the company gained Rs 6.25, or 0.84%, to trade at  Rs 749.45.  The total volume of shares traded is 52,750 at the BSE (11.50 a.m. Monday).