Mahindra & Mahindra reported strong car sales for March 2025, with 83,894 units sold, a 23% year-on-year (YoY) increase from 68,413 units in March 2024. However, the Mahindra car sales March 2025 India data shows a slight 0.2% month-on-month (MoM) rise from 83,702 units in February 2025, with SUV sales facing a decline.
Key Sales Data
Sales Performance
Mahindra’s SUV sales reached 48,048 units in March 2025, up 18% YoY from 40,631 units in March 2024, but down 4.7% MoM from 50,420 units in February 2025. For FY25, SUV sales hit a record 5,51,487 units, a 20% YoY increase, driven by models like the Scorpio twins and XUV 700. Additionally, exports surged by 41% YoY, boosting overall growth.
Rival Comparison
Mahindra outperformed key rivals in the SUV segment. Maruti Suzuki sold 1,92,984 units in March 2025 (up 3% YoY), with 61,097 UVs. Hyundai’s February 2025 sales were 58,727 units, and Tata Motors sold 79,344 units, both trailing Mahindra’s SUV numbers for March. However, Mahindra’s total sales remain behind Maruti’s, reflecting the latter’s broader market dominance.
Market Insights
India’s SUV segment continues to grow, making up 65% of PV sales. Mahindra’s 20% UV market share trails Maruti’s 42.2%, but its focus on SUVs positions it well against Hyundai and Tata. Yet, Mahindra’s EV sales (6,129 units from April 2024 to February 2025) lag behind Tata’s 56% EV market share, a gap Mahindra must address as India’s EV market expands.
Final Thoughts
The Mahindra car sales March 2025 India figures highlight strong YoY growth, but the MoM SUV dip suggests demand fluctuations. With rivals like Maruti dominating overall sales, Mahindra must leverage its SUV strength and accelerate EV adoption to stay competitive.
Also Read: BYD India EV Factory Near Hyderabad: Rs 85,000 Crore Boost
