Mahindra smashes sales records in October: SUVs lead the charge

Mahindra & Mahindra achieved record SUV sales of 54,504 vehicles in October. Additionally, the company reached its highest-ever total volume, selling 96,648 units, including exports. It was an impressive month for Mahindra, as they recorded 170,000 bookings for the Thar Roxx within the first hour, coinciding with their attractive festive deals.

According to Veejay Nakra, President, Automotive Division, M&M Ltd., “We are excited to have clocked the highest-ever SUV sales of 54504 vehicles in October, a growth of 25 per cent and highest ever total volume of 96648, a growth of 20 per cent. The month began on a fantastic note with Thar ROXX garnering 1.7 lakh bookings in the first 60 minutes and the positive momentum continued across the SUV portfolio through the festive season.”

Mahindra October sales: 25% YoY growth

It would be an understatement to say that October was a good month for Mahindra as it recorded its best SUV sales. With 54,504 vehicles sold last month, the SUV maker saw a year-on-year (YoY) growth of 25 per cent as it sold 43,708 units in October 2024. In FY 2025, sales surged by 22 per cent, reaching 314,714 vehicles compared to 258,612 units in FY 2024.

Mahindra XUV700 Burnt Sienna (Image: Mahindra)

September 2024 was a historic month for Mahindra as it leapfrogged Tata Motors and snatched the third position behind Maruti Suzuki and Hyundai. Interestingly enough, the Mahindra was just 39 units shy of Hyundai from securing second spot. Mahindra clocked 51,062 units crossing the 50,000 landmark for the first time. The company saw a YoY of 23.7 per cent in September 2024. 

Also ReadMaruti Suzuki Chairman sounds alarm on decline in sub-10 lakh segment

Mahindra PVs Sales 2024PVs Sales 2023YoY GrowthOctober 54,054 units43,708 units25%September51,062 units41,267 units23.7%August43,277 units37,270 units16.1%July41,623 units36,205 units15%Mahindra PV sales since July 2024  » Read More

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