Mahindra Commercial Vehicles records 16% growth in sales for November 2023

Mahindra Trucks is one of the most popular CV manufacturers in India. The brand has published its truck sales data for Nov 2023 and accomplished remarkable growth. They sold 28,779 units in November 2023, compared with 24,789 in Nov 2022. As a result, the data indicates a growth of 16%. 

The sales of various classifications were likewise featured in the Mahindra CV sales figures for November 2023. Let's now examine the brand's category-by-category sales data. The LCV < 2T category recorded the highest growth of 54% in truck sales in India.

Category Wise Mahindra CV Sales Report for November 2023

LCV < 2T

For Light Commercial Vehicles (LCV) with Gross Vehicle Weight (GVW) less than 2T, Mahindra reported tremendous growth. The brand saw a hike of 54% with total sales reaching 4,083 units for the category. The total sales numbers for November stood at 2,643 units last year.

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LCV 2T - 3.5T

The company saw a slight growth of 7% with total CV sales of 17,284 units for the LCV 2T - 3.5T category. The previous year the manufacturer had sold 16,193 units under the same category.

LCV > 3.5T + MHCV

The LCV > 3.5T + MHCV (Medium & Heavy Commercial Vehicles) segment also reported a growth of 12% with sales totalling 844 units which last year were at 755 units.

3 Wheelers (Including EV)

The 3 wheelers category includes rickshaws and 3 wheeler cargo carrying commercial vehicles manufactured by Mahindra. This category also witnessed a notable growth of 26% with total sales amounting to 6,568 units during the month of November this year. To compare, the brand had sold 5,198 total CV units under this category last year.