Mahindra & Mahindra (M&M) has announced impressive sales figures for March 2025, reporting total volumes of 83,894 units, a robust 23% year-on-year growth. The company’s domestic Passenger Vehicle (PV) segment recorded sales of 48,048 SUVs, marking an 18% increase compared to the same period last year. This growth reflects strong consumer demand and M&M’s expanding portfolio of SUVs.
Key Highlights:
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March Sales Performance: Total domestic PV sales stood at 48,048 units, compared to 45,040 units in February 2025, showcasing a month-on-month growth of 6.7%. The SUV segment continues to be the key driver of this performance.
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Commercial Vehicles (CV): M&M’s CV segment also saw growth, contributing significantly to the total volumes of 83,894 units. The company attributed this to strong demand in both urban and rural markets.
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Exports: Export volumes remained steady at 3,456 units, reflecting consistent international demand.
Leadership Insights:
Veejay Nakra, President of the Automotive Division at M&M, stated, “Our SUVs continue to perform exceptionally well, driven by strong customer interest in models like the XUV700 and Scorpio-N. We are optimistic about sustaining this momentum into FY26.”
Positive Outlook:
With its strong performance in March and growing demand for SUVs, M&M remains well-positioned to further strengthen its market leadership in the automotive sector.
Sources: Business Standard, Economic Times Auto; April 1, 2025