Overview
- Mahindra & Mahindra reported total vehicle sales of 120,142 in October, up 26% year on year, including exports.
- Domestic SUV sales rose 31% to 71,624 units, the highest monthly SUV tally the company has recorded.
- Tractor volumes increased to 73,660 units, up 13% year on year, with domestic sales at 72,071 and exports at 1,589, up 41%.
- Domestic commercial vehicle sales reached 31,741 units in October, reflecting 14% growth, the company said.
- Industry trackers noted firmer retail momentum in passenger vehicles and two-wheelers as logistics constraints and fewer production days limited wholesale dispatches and prompted lower discounting.