In the utility vehicle segment, Mahindra sold 54,504 vehicles in the domestic market, a growth of 25%, and totaled 55,571 vehicles including exports. Local sales for
The number of commercial vehicles stood at 28812.
Vijay Nakara, President, Automotive Division, M&M Limited, said, “We are excited with the highest ever SUV sales in October at 54504 vehicles, a growth of 25% and the highest total volume of 96648, a growth of 20%.” .
Thar ROXX started the month on a fantastic note with 1.7 lakh bookings in the first 60 minutes and the positive momentum continued across the SUV portfolio during the festive season, he said.
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Mahindra’s car portfolio consists entirely of SUVs and the company has reported an increase in dispatches to dealers every month in the fiscal year ending March 2025, highlighting the trend towards increased sales of large, premium cars compared to the small-car segment.
Meanwhile, Maruti Suzuki India recorded its highest ever monthly sales volume at 206,434 units. Total sales for the month included domestic sales of 163,130 units, other original equipment manufacturers (OEMs) sales of 10,136 units and the highest ever monthly exports of 33,168 units.
Shares of Maruti were trading around 1% higher. Shares of newly listed Hyundai Motor India were also trading up 1% after posting its highest ever monthly SUV sales at 37,902 units.
Tata Motors reported a marginal change in sales for both domestic and international sales for October, selling 82,682 units compared to 82,954 units in the same period last year. The share was around 1.3%.
Shares of Ola Electric rose nearly 3% as the electric two-wheeler maker regained market share to 31% in October after five straight months of decline.
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