Mahindra sold 14,664 units in September 2020 and recorded a growth of 5% in Sep 2020 v/s Sep 2019. Mahindra’s Bolero alone contributed to almost 40% of the overall OEMs volumes!ModelYear-on-Year ComparoMonth-on-Month ComparoSep’20Sep’19Growth (%)Sep’20Aug’20Growth (%)Bolero5,7974,17939%5,7975,4876%XUV3003,7002,49248%3,7002,99024%Scorpio3,5273,600-2%3,5273,3276%MARAZZO9368925%93663547%XUV 5005951,120-47%595919-35%ALTURAS G47375-3%7317200%KUV 10035184-81%3548-27%Verito1109-99%10–Thar0262-100%00–Xylo055–00–TUV 3000995–00–TOTAL14,66413,9635%14,66413,4079%
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Bolero is still Mahindra’s best selling car and sold well in Sep’20 basis strong rural demand. It grew a healthy 39% YoY and 6% MoM.
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With dispatches of 3,700 units; XUV300 was Mahindra’s second best selling model and it recorded a 48% YoY growth and 24% 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 actually increased post the price reduction.
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Scorpio was Mahindra’s third best selling model for the month and sold only 3,527 units. It recorded a decline of -2% YoY.
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Marazzo BS6 dispatches started in full swing since Aug’20 and around 936 units were shipped to the dealers in Sep’20.
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XUV500 volumes is tapering down month after month and it recorded one of the highest YoY degrowth in Sep’20. The volumes almost halved in Sep’20 when compared to Sep’19.
