Mahindra reports 15 percent growth in total auto sales for September 2026

Mahindra and Mahindra sold a total of 1,14,874 auto units in September 2026, marking a 15 percent increase compared to the previous year. Domestic SUV sales reached 64,092 units, showing a 14 percent rise over September 2025 and an 8.16 percent jump from August 2026. Passenger vehicle sales for the July to September quarter hit 1,83,397 units, up 26 percent from the same period last year. Dr Velusamy R, President of the Automotive Business at Mahindra and Mahindra, noted that the company crossed a cumulative billing milestone of one lakh Electric Origin SUVs since launch. Domestic light commercial vehicles reached 30,420 units, growing 14 percent, while three-wheeler sales rose 26 percent to 16,343 units. Auto exports fell 7 percent to 4,019 units, though cumulative exports for the April to September period grew 48 percent. The trucks and buses division posted 2,912 units, a 53 percent growth. Cargo vehicles within this segment grew 84 percent to 2,043 units, and passenger-carrying commercial vehicles rose 10 percent to 869 units. Conversely, domestic tractor sales dropped 23 percent to 50,208 units, which the company linked to a festive-season shift into October and a high base from the previous year aided by a GST rate cut. Tractor exports rose 62 percent to 1,892 units, bringing total tractor sales to 52,100 units.

Context

Monthly auto sales data released by major manufacturers serve as a primary indicator of consumer demand and industrial output in the domestic market. Commercial vehicle figures reflect broader economic activity in freight and logistics, while tractor sales often correlate with rural cash flows and seasonal agricultural cycles.