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September 2023 Mahindra Car Sales Analysis - YoY, MoM Change, 6-Month Trend | V3Cars

In this September 2023 Mahindra car sales analysis, we’ll look at the car sales of Mahindra for the previous month. We’ll also compare the YoY and MoM change to find out which Mahindra cars’ sales improved and which ones declined. Lastly, the table with monthly sales for the last 6 months will give you an idea about the 6-month sales trend of all Mahindra cars.

September 2023 Mahindra Car Sales Analysis

September 2023 - Mahindra Car Sales Figures - YoY Change

  • The Scorpio pair were the best-selling cars in the month of September. Almost 12,000 units of the pair were sold.
  • The Bolero pair was also a close second with 9,500 units dispatched in September 2023.
  • Thar reported the best YoY gains of about 27.49% in September 2023.
  • The Scorpios reported about 24.22% growth in YoY comparison analysis.
  • Mahindra launched its first and only electric car, the XUV400 in the past year and reported 825 units dispatched in the month of September.
  • XUV300 was the only YoY loser for Mahindra with a drop of 18.40% in dispatches.
  • Alturas G4 was discontinued by the carmaker.
  • Going by its dispatch numbers, Marazzo could be next in line for discontinuation by the carmaker with just 47 units dispatched in September 2023.

MAHINDRA CAR SALES - SEPTEMBER 2023

YOY CHANGE

Rank

Model

Segment

Body-Type

Sep 2023

Sep 2022

Change

%Change

Trend

1

Scorpio N + Classic

D1

SUV

11,846

9,536

2,310

24.22%

2

Bolero + Neo

B2

SUV

9,519

8,018

1,501

18.72%

3

XUV700

D1

SUV

8,555

6,063

2,492

41.1%

4

Thar

B2

SUV

5,417

4,249

1,168

27.49%

5

XUV300

B2

SUV

4,961

6,080

-1,119

-18.4%

6

XUV400

B2

SUV

825

-

-

-

-

7

Marazzo

C2

MPV

144

-

-

-

-

8

Alturas G4

D2

SUV

-

64

-

-

-

September 2023 - Mahindra Car Sales Figures - MoM Change

  • Most Mahindra cars reported MoM growth in September compared to August 2023, with an exception of Thar and XUV300.
  • Thar reported a drop of 9% in MoM comparison whereas XUV300 reported a marginal drop of 0.62% in September compared to August.
  • Amongst the gainers, the sales of Marazzo tripled  in September compared to that of August.
  • Marazzo was followed by XUV700 with an MoM growth of 31.37% in September 2023.
  • Scorpio pair reported a growth figure of 19.68% in MoM comparison.
  • XUV400 reported a growth of 6.04%.

MAHINDRA CAR SALES - SEPTEMBER 2023

MOM CHANGE

Rank

Model

Segment

Body-Type

Sep 2023

Aug 2023

Change

%Change

Trend

1

Scorpio N + Classic

D1

SUV

11,846

9,898

1,948

19.68%

2

Bolero + Neo

B2

SUV

9,519

9,092

427

4.7%

3

XUV700

D1

SUV

8,555

6,512

2,043

31.37%

4

Thar

B2

SUV

5,417

5,951

-534

-8.97%

5

XUV300

B2

SUV

4,961

4,992

-31

-0.62%

6

XUV400

B2

SUV

825

778

47

6.04%

7

Marazzo

C2

MPV

144

47

97

206.38%

Mahindra — 6-Month Sales Trend (April 2023 - September 2023)

MAHINDRA CARS 6 MONTH SALES TREND

APRIL 2023 - SEPTEMBER 2023

Model

Segment

Body-Type

Apr 2023

May 2023

Jun 2023

Jul 2023

Aug 2023

Sep 2023

6 Month Avg

Scorpio N + Classic

D1

SUV

9,617

9,318

8,648

10,522

9,898

11,846

9,975

Bolero + Neo

B2

SUV

9,054

8,170

8,686

8,921

9,092

9,519

8,907

XUV700

D1

SUV

4,757

5,245

5,391

6,176

6,512

8,555

6,106

XUV300

B2

SUV

5,062

5,125

5,094

4,533

4,992

4,961

4,961

Thar

B2

SUV

5,302

4,296

3,899

5,265

5,951

5,417

5,022

XUV400

B2

SUV

902

696

788

707

778

825

783

Marazzo

C2

MPV

0

33

79

81

47

144

64

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ABOUT THE AUTHOR

Prathu Sharma

Engineer by upbringing, artist by passion, motorhead because ,why not! Likes to know about everything related to technology, switches between american muscle and german innovation depending on the day. Wants to own 69' Mustang Mach 1 and to drive BMW M3 87'someday.

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