Mahindra records 20% growth in May 2026, sells nearly 1 lakh vehicles

Mahindra and Mahindra reported total vehicle sales of 99,636 units in May 2026, registering a strong 20 per cent year-on-year growth, including exports. The automaker's performance was driven by sustained demand for its SUV lineup, although supply chain constraints continued to impact production.

The company sold 58,021 utility vehicles in the domestic market during the month, up 11 per cent compared to 52,431 units sold in May 2025. Including exports, total SUV sales stood at 59,573 units.

Domestic commercial vehicle sales reached 24,079 units, marking a 19 per cent increase over the corresponding period last year. Mahindra also witnessed strong momentum in its three-wheeler business, with sales rising 89 per cent to 12,536 units.

Exports contributed significantly to the overall growth, increasing 37 per cent year-on-year to 5,000 units in May. On a year-to-date basis, exports grew 42 per cent to 9,970 units.

Commenting on the performance, Nalinikanth Gollagunta, CEO of Mahindra's Automotive Division, said the company achieved SUV sales of 58,021 units and total vehicle sales of 99,636 units during the month. He added that demand across the portfolio remains strong but continues to be constrained by supply chain challenges arising from manpower shortages at select suppliers.

In the light commercial vehicle segment, sales of vehicles below 2 tonnes rose 35 per cent to 3,490 units, while the 2-3.5 tonne category recorded a 16 per cent growth at 20,589 units.

For the first two months of FY2027, Mahindra's domestic utility vehicle sales stood at 1,14,352 units, up 9 per cent year-on-year, while overall exports reached 9,970 units, reflecting continued strength in both domestic and international markets.

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