Mahindra recorded strong SUV sales in November 2025, with 56,336 units sold domestically, marking a YoY growth of 21.88% from 46,222 units in November 2024. However, sales were down 21.34% month-on-month (MoM) compared to October 2025, when 71,624 SUVs were sold. For the April–November 2025 period, year-to-date (YTD) SUV sales stood at 425,530 units, reflecting a 17.9% increase from 360,936 units in the same period last year. This growth underscores robust demand for Mahindra’s SUV portfolio in the domestic market.
Overall, Mahindra’s total vehicle sales, including passenger vehicles, commercial vehicles, 3 wheelers, and exports, reached 92,670 units in November 2025, up 19% YoY. In the utility-vehicle (UV/SUV) segment, which includes exports, total sales stood at 57,598 units, highlighting the brand’s strong presence in the SUV market.
In the commercial vehicle (CV) segment, the performance was mixed. Light Commercial Vehicles (LCVs) under 2 tons sold 3,255 units in November 2025, a 5% YoY increase, although YTD sales for this sub-2 T category declined 6% compared to last year. The 2 T–3.5 T LCV segment fared better, with 21,588 units sold in November, up 20% YoY, and YTD sales increasing 13% to 162,946 units. Three-wheelers, including electric variants, also showed healthy growth, with 8,568 units sold in November (+7% YoY) and YTD sales up 28% at 74,908 units.
Mahindra’s exports continued their upward trajectory, with 2,923 vehicles shipped in November, up 5% YoY, while YTD exports surged 30% to 27,241 units, reflecting the company’s growing global footprint.
Strategically, Mahindra is focusing on expanding its electric SUV portfolio. November marked the first anniversary of its “Electric Origin” SUVs, alongside the launch of two new models: the Mahindra XEV 9S, India’s first authentic “Electric Origin” 7-seater SUV, and the Mahindra BE 6 Formula E Edition, a special electric SUV variant. According to Mahindra’s CEO of the Automotive Division, these launches, combined with the existing product lineup, are expected to further strengthen sales and brand presence in the electric vehicle segment.
Despite the MoM dip, the strong YoY growth across SUVs, commercial vehicles, 3 wheelers, and exports signals healthy underlying demand for Mahindra’s portfolio. The sustained YTD growth suggests long-term momentum rather than short-term fluctuations. Moreover, the emphasis on electric SUVs indicates Mahindra’s proactive approach to EV adoption and positioning for future market shifts. While some segments, such as sub-2 T LCVs, faced minor challenges, the overall performance portrays a resilient and diversified automotive business poised for growth in both domestic and international markets.