Mahindra sold 18,318 units in October 2020 and recorded a growth of 2% in Oct 2020 v/s Oct 2019. Mahindra’s Bolero alone contributed to almost 42% of the overall OEMs volumes!ModelYear-on-Year ComparoMonth-on-Month ComparoOct’20Oct’19Growth (%)Oct’20Sep’20Growth (%)Bolero7624588430%7624579732%XUV3004882304560%4882370032%Scorpio39614628-14%3961352712%XUV 50010091378-27%100959570%MARAZZO7371044-29%737936-21%ALTURAS G469101-32%6973-5%KUV 10035183-81%35350%Verito1138-99%110%Xylo087–0––TUV 30001246–0––Thar0180-100%00–TOTAL18,31817,9142%18,31814,66425%
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Bolero is still Mahindra’s best selling car and sold well in Oct’20 basis strong rural demand and also Bihar elections. It grew a healthy 30% YoY and 32% MoM.
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With dispatches of 4,882 units; XUV300 was Mahindra’s second best selling model and it recorded a 60% YoY growth and 32% MoM growth. Mahindra had reduced the prices of the XUV300 by Rs.72,000 in Aug’20 and is now a better value proposition. The volumes for the model has increased significantly post the price reduction.
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Scorpio was Mahindra’s third best selling model for the month and sold only 3,961 units. It recorded a decline of -14% YoY.
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Marazzo BS6 dispatches started in full swing since Aug’20 and around 737 units were shipped to the dealers in Oct’20. However; the model saw a decline of -29% YoY & -21% MoM
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XUV500 crossed 1k units after 8 long months. However; the model degrew -27% YoY.
