Total sales include domestic sales of 67,927 units in August 2023, higher by 21% on YoY basis. Domestic sales comprise of commercial vehicle sales of 30,657 units and passenger vehicle sales of 37,270 units, higher by 17% and 25% respectively.

Exports declined 17% to 2,423 units in August 2023.

According to Veejay Nakra, President, Automotive Division, M&M, “We are excited to witness another record month, as we clocked our highest-ever SUV domestic sales of 37,270 in a month with a growth of 26%. We also registered an overall growth of 19% for the month of August. While demand for our key SUV brands continue to be strong, we are keeping a close watch on the availability of semi-conductors and select parts, for sustained and smooth scaleup.”