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Deepak Pachauri
01 Oct 2024

Mahindra Domestic CV Sales Rise to 33,750 Units in September 2024

By Deepak Pachauri News Date 01 Oct 2024

Mahindra Domestic CV Sales Rise to 33,750 Units in September 2024

Mahindra & Mahindra Reports 5.74% Increase in Domestic Sales and 25% Growth in Export CV Sales

Mahindra & Mahindra, a leading manufacturer of commercial vehicles, recorded strong performance in September 2024. Its LCV > 3.5T + MHCV segments showed notable growth, with an impressive 25% rise in sales, solidifying Mahindra’s standing in the heavier segments of the commercial vehicle market.  

In September 2024, Mahindra's domestic commercial vehicle sales rose by 5.74%, with units sold increasing from 31,918 in September 2023 to 33,750 in September 2024. This increase reflects Mahindra’s resilience and ability to thrive in a competitive market environment.

The Mahindra sales report for September 2024 includes data on sales across different vehicle categories. Below is a breakdown of the sales data for each segment:

LCV < 2T  

In September 2024, this category registered sales of 3,444 units, compared to 3,941 units in September 2023. The brand witnessed a 13% decline in this segment.  

LCV 2T–3.5T  

Mahindra closed September 2024 with 16,988 units sold, slightly down from 17,438 units in September 2023. This represents a modest 3% sales decline.  

LCV > 3.5T + MHCV  

The LCV > 3.5T + MHCV segment experienced significant growth, with sales rising by 25%. Specifically, 3,274 CVs were sold in September 2024, compared to 2,618 units in September 2023.  

3-Wheelers (Including Electric 3Ws)  

The 3-wheeler category, which includes electric 3-wheelers, also saw a substantial increase in sales. In September 2024, Mahindra sold 10,044 units, compared to 7,921 units in September 2023. This marked a 27% rise.  

Check Mahindra Export CV Sales Statistics for September 2024  

Mahindra & Mahindra, a global leader in commercial vehicle manufacturing, saw a substantial shift in its export CV sales for September 2024. Export sales volume rose to 3,027 units, up from 2,419 units in September 2023, marking a 25% profit increase. This growth highlights Mahindra’s robust global presence and competitive edge in international markets.  

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