Mahindra Records 31% Sales Growth in October With 71,624 SUVs Sold

Mahindra sold a total of 1.20 lakh units in October 2025, registering a growth of 26% year-on-year. The brand’s SUV lineup, featuring the Thar, Bolero, and Scorpio, drove sales in the utility segment to 71,624 units, marking a 31% increase from 54,504 units sold in October 2024. Internationally, the company shipped 4,015 units, up 15% from 3,500 units a year ago. For the year-to-date period from April to October 2025, domestic sales grew 17% to 3.69 lakh units, up from 3.15 lakh units in the same period last year, while exports surged 34%, reaching 24,318 units compared to 18,180 units in 2024.

According to Nalinikanth Gollagunta, CEO, Automotive Division, M&M Ltd., ‘In October, we achieved SUV sales of 71,624 units, a growth of 31%, which is the highest SUV sales we have clocked ever in a month! The total vehicle sales stand at 120,142 units, a 26% growth compared to the same month last year. October also saw the launch of the new editions of Thar, Bolero & Bolero Neo.’

Also Read: New Mahindra XEV 9S India Unveil On November 27 — 7-Seater Electric SUV Incoming

Mahindra October 2025 Sales: More Highlights

Mahindra recorded a strong jump in sales after the GST cut, with SUV sales hitting 71,624 units in October 2025, compared to 56,233 in September and 39,399 in August. The upward trend in monthly sales highlights the ripple effect of GST cuts reaching customers. For those unfamiliar with the new GST changes, small cars (petrol models up to 1,200cc and diesel models up to 1,500cc measuring under 4 metres) are now taxed at 18%, down from the previous 28 % plus cess. Larger vehicles, including SUVs and luxury cars, attract a tax of 40 %. The revision in tax slabs has significantly improved affordability, making entry‑level and mid‑segment cars and select SUVs more accessible to a wider range of buyers.

Also Read: 2025 Mahindra Bolero, Bolero Neo Launched In India; Prices Start at Rs 7.99 Lakh

In the commercial segment, the company’s sales surged to 31,741 units last month, a YoY rise of 14%.