New Delhi, July 1: Automaker Mahindra & Mahindra (M&M) on Monday announced that its overall auto sales for June stood at 69,397 vehicles, a growth of 11 per cent, including exports.

In the Utility Vehicles (UV) segment, the company sold 40,022 vehicles in the domestic market, a growth of 23 per cent and overall, 40,644 vehicles, including exports. The domestic sales for commercial vehicles stood at 20,594. Mahindra XUV700 SUV Surpasses 2 Lakh Unit Production Mark; Celebrates With Two New Colours.

“June has been a momentous month, as we rolled out the 200,000th XUV700 from our facility. We also celebrated 25 years of Bolero Pik-Ups, a category creator and a market leader in the LCV segment,” Veejay Nakra, President, the Automotive Division, M&M, said in a statement. Hyundai Motor and Labour Union Reach Agreement To Hire 1,100 New Manufacturing Workers by 2026 After Tenth Round of Negotiations.

Meanwhile, Mahindra & Mahindra has announced to invest Rs 12,000 crore in its electric vehicle (EV) unit over a period of three years. In a stock exchange filing, the automaker said that it has approved an investment of Rs 12,000 crore in Mahindra Electric Automobile Limited (MEAL) to fund its EV journey over the next three years.

(The above story first appeared on LatestLY on Jul 01, 2024 01:38 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).