Begin typing your search above and press return to search.
proflie-avatar
Login
exit_to_app
DEEP READ
Munambam Waqf issue decoded
access_time 16 Nov 2024 10:48 PM IST
Ukraine
access_time 16 Aug 2023 11:16 AM IST
The Russian plan: Invade Japan and South Korea
access_time 16 Jan 2025 3:32 PM IST
Putin
access_time 2 Jan 2025 1:36 PM IST
What is Christmas?
access_time 26 Dec 2024 11:19 AM IST
exit_to_app
Homechevron_rightBusinesschevron_rightMahindra records 16%...

Mahindra records 16% sales growth in January 2025, driven by strong SUV demand

text_fields
bookmark_border
Mahindra
cancel

Mahindra & Mahindra has started the year on a positive note, reporting a 16% increase in total sales for January 2025.

The company continues to dominate the SUV segment in India, though it faced some setbacks in its commercial vehicle division.

Mahindra has successfully aligned its offerings with Indian consumers’ preferences, strengthening its position in the passenger vehicle market. Popular models such as the Mahindra Thar, Thar Roxx, XUV700, Scorpio, XUV 3XO, and Bolero have contributed to this growth.

However, the company saw a 12% decline in the LCV (Light Commercial Vehicle) < 2T segment, with sales dropping from 4,039 units in January 2024 to 3,541 units in January 2025. On the other hand, other commercial vehicle categories showed modest growth. LCV 2T sales rose by 5% and LCV 3.5T sales increased by 4%. LCV 3.5T + MHCV (Medium & Heavy Commercial Vehicles) sales grew by 2%.

Commenting on the performance, Veejay Nakra, President of the Automotive Division at Mahindra & Mahindra Ltd., stated, “We began the new year with strong momentum, selling 50,659 SUVs, marking an 18% growth, and achieving total vehicle sales of 85,432 units, reflecting a 16% rise.”

He also highlighted the enthusiasm around Mahindra’s upcoming electric SUVs, the BE6 and XEV 9E, which received significant attention at the Bharat Mobility Global Expo in New Delhi.

Test drives for these models began on January 14, and the company is set to open bookings on February 14.

Show Full Article
TAGS:Mahindra Car Models
Next Story