Overview

• Mahindra reported 100,298 total vehicles in September, up 16% year on year, with domestic SUV sales at a record 56,233 units, up 10%.
• Bajaj Auto posted 510,504 units, a 9% rise, as total exports increased 18% to 185,252 vehicles and commercial vehicle volumes grew 15% to 79,651 units.
• Toyota Kirloskar Motor sold 31,091 units, up 16% year on year, after passing through GST benefits that lowered prices across its lineup.
• Company leaders cited GST 2.0 and the early festive window for a retail surge, with Mahindra noting over 60% growth in SUV retails and over 70% in CVs during the first nine days of Navratri versus last year.
• Automakers flagged trailer shortages and dispatch bottlenecks even as Mahindra’s farm equipment division posted a 49% jump in total tractor sales to 66,111 units.