Total sales of Mahindra & Mahindra Ltd. surged in January 2025 as demand for SUVs continued unabated.
The Mumbai-based automaker shipped a total of 50,659 SUVs last month, as against 43068 units in the year-ago period, registering a growth of 18%, according to an exchange filing on Saturday.
Total SUV sales up 18% YoY at 50,659 units
Total 3W sales up 32% YoY at 7,452 units
Total tractor sales up 15% YoY at 27,557 units
Total CV sales up 1.9% YoY at 23,917 units
Total exports up 95% YoY at 3,404 units
Overall, across categories and geographies, total auto sales increased 16% year-on-year to 85,432 units.
"“We began the new year by selling 50,659 SUVs, a growth of 18% and 85,432 total vehicles, a growth of 16%," Veejay Nakra, president of the automotive division at M&M, said in the exchange filing.
Meanwhile, M&M is stepping up its EV play.
"Our electric-origin SUVs, BE6 and XEV 9E, garnered a lot of interest at the recently concluded Bharat Mobility Global Expo held in New Delhi," Nakra said. "We commenced the test drive for these vehicles on the 14th of January and are excited about bringing these vehicles to our customers. Bookings for these vehicles will commence on 14th February.”