Mahindra Auto reports 25% increase Y-o-Y in October sales with 54,504 units

Nov 01, 2024

Mahindra three wheelers reported 5% rise in the October 2024 sales. The company recorded 9,826 units sales as against 9,402 units in October 2023.
Mahindra & Mahindra (M&M), India's leading automotive companies, today announced its overall auto sales for the month of October 2024 stood at 96648 vehicles, including exports.

In the Utility Vehicles segment, Mahindra sold 54,504 vehicles in the domestic market, a growth of 25% and overall, 55,571 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 28812.

Passenger vehicle sales

Passenger vehicle sales grew 25% Y-o-Y for its October sales. The company reported 54,504 units sales in October 2024 against 43,708 units. In FY 2025 till date the company reported 3,14,714 units that increases 22% corresponding to 2,58,612 units in FY24.

Three wheeler sales

Mahindra three wheelers reported 5% rise in the October 2024 sales. The company recorded 9,826 units sales as against 9,402 units in October 2023. In FY 2025 till date the company reported 50,440 units that increases 4% corresponding to 48,628 units in FY24.

Exports

Mahindra and Mahindra exports grew 89% in October 2024 with 3,506 units exported against 1,854 units in October 2023. The company also noted that its till date sales grew 13% in FY25 with 18,233 units corresponding to 16,170 units in FY24.

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% and highest ever total volume of 96648, a growth of 20%. The month began on a fantastic note with Thar ROXX garnering 1.7lakh bookings in the first 60mins and the positive momentum continued across the SUV portfolio through the festive season.”