Mahindra & Mahindra Ltd. (M&M Ltd.) has reported total vehicle sales of 92,670 units in November 2025, marking a 19% year-on-year growth, including exports.

Mahindra’s Utility Vehicles (UV) segment continued its strong momentum, with the company selling 56,336 SUVs in the domestic market, a robust 22% increase over last year. Including exports, total UV sales reached 57,598 units.

The Commercial Vehicles (CV) business also performed well in November. Domestic CV sales touched 24,843 units, reflecting 17% growth. Within this, Light Commercial Vehicles (LCVs) below 2 tonnes registered 3,255 units, a 5% rise; LCVs in the 2–3.5 tonne category recorded 21,588 units, a sharp 20% increase; and 3-wheelers (including electric variants) delivered 8,568 units, growing 7%.

Exports were also strong at 2,923 units, a 5% increase compared to last year. Mahindra’s year-to-date exports now stand at 27,241 units, a significant 30% growth.

CEO Nalinikanth Gollagunta said:
“In November, we achieved SUV sales of 56,336 units, a growth of 22%. Our total vehicle sales stand at 92,670 units, a 19% year-on-year growth. We also celebrated one year of our Electric Origin SUVs and introduced India’s first authentic Electric Origin 7-seater SUV – the XEV 9S – and the world’s first Formula E-themed special edition SUV, the Mahindra BE 6 Formula E Edition.”