Mahindra Reports Record SUV Sales of 48,048 Units in March 2025, with Impressive Overall Growth

Lead: In a stellar showing for March 2025, Mahindra & Mahindra Ltd., one of India’s leading automotive manufacturers, announced remarkable sales numbers. The company sold a total of 83,894 vehicles, a significant jump of 23% compared to the previous year. Out of these, an impressive 48,048 units were SUVs sold in the domestic market alone, contributing to an 18% year-on-year growth. This performance highlights Mahindra’s advancement in the automotive sector, underscoring its strong focus and capability in the growing SUV market.

Explosive Growth in SUV Sales

– Mahindra’s total domestic sales for March 2025 reached 48,048 units, all of which were SUVs.
– The company’s SUV sales grew from 40,631 units in March 2024, marking an 18% year-on-year increase.
– Year-to-date (YTD) SUV sales hit 551,487 units, representing a 20% growth from 459,864 units sold in the same period last year.

Comparative Analysis of Sales

– The growth in March sales reflects an increase in market preference for Mahindra SUVs, even amidst a slight decline when compared to February 2025’s sales of 50,420 units (down by 4.70%).
– Mahindra’s total sales, including exports, reached 50,835 SUVs in March 2025.

Performance in Commercial Vehicle Segment

Mahindra’s commercial vehicle segment demonstrated mixed results, particularly among different classes of vehicles:
– The Light Commercial Vehicles (LCVs) in the 2T – 3.5T category saw a substantial increase, selling 18,958 units, an impressive 23% YoY growth.
– However, LCVs under 2T and the Heavy Commercial Vehicles (MHCV) over 3.5T experienced declines, with sales of 3,530 units (down 12%) and 1,463 units (down 4%), respectively.

Three-Wheeler Sales Surge

– The three-wheeler commercial vehicle sales grew significantly, with 7,752 units sold, marking a robust 47% year-on-year growth compared to 5,279 units in March 2024.
– Exports of commercial vehicles tackled by Mahindra saw a phenomenal 163% growth, bringing in 4,143 units last month.

Tractor and Farm Equipment Sales Rise

– In the farm equipment sector, Mahindra recorded strong performance, selling 32,582 tractors in the domestic market and 2,352 units internationally. This total of 34,934 units represented a 34% year-on-year growth.
– The positive performance of the tractor segment can be attributed to favorable agricultural conditions and the harvesting season across northern India.

Key Highlights from the Farm Sector

– The growth in tractor sales is buoyed by strong reservoir levels and positive harvest outlooks, illustrating the integral role of agricultural conditions on sales figures.
– Mahindra’s Chairman, Veejay Nakra, noted that the company started deliveries of its new Electric Origin SUVs, which have been positively received in the market.

Statements from Mahindra Leadership

According to Veejay Nakra, President of the Automotive Division, “In March, we sold a total of 48,048 SUVs, with a growth of 18% and 83,894 total vehicles, a 23% growth over last year. We also started the deliveries of our Electric Origin SUVs, where we see a strong continued demand momentum. The year ended on a very positive note with us selling over 5 lakh SUVs in the domestic market for the first time ever”.

Commenting on Mahindra’s performance in the farm equipment sector, Hemant Sikka, President – Farm Equipment Sector, stated: “We have sold 32,582 tractors in the domestic market during March 2025, a growth of 34% over last year… Delivery momentum picked up in the last week of March on account of festivities, and it is expected to continue into Q1 FY26 on the back of a very good Rabi crop harvest.”

Conclusion

March 2025 has proven to be a record month for Mahindra, with significant sales growth across all sectors, particularly in SUVs and tractors. This upward trend highlights the company’s resilient market presence and its ability to adapt to consumer demands. With the ongoing development in electric vehicles and strong agricultural conditions, Mahindra is well-positioned for continued growth in the upcoming quarters. Mahindra’s sales strategy, catering to both domestic and international markets, has set the stage for its strategic advancements in the automotive sector for FY2026.

Keywords: Mahindra sales March 2025, SUV sales growth, Mahindra tractors, commercial vehicles, electric vehicles, automotive market India, Mahindra & Mahindra performance.

Hashtags: #Mahindra #SUVSales #AutomotiveNews #IndiaCarMarket #TractorSales #ElectricVehicles #CommercialVehicles

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