Mahindra CV & 3-Wheeler Sales Rise 36% in May 2026; Exports Grow 37%

Key Highlights

• Domestic CV and 3-wheeler sales grew 36% to 36,615 units.

• The LCV below 2T segment recorded 35% growth.

• LCV 2T–3.5T sales increased by 16%.

• Three-wheeler sales surged 89% year-on-year.

• Export sales rose 37% to 5,000 units.

Mahindra & Mahindra has announced its commercial vehicle (CV) and three-wheeler sales figures for May 2026, reporting strong growth in both domestic and export markets. The company sold 36,615 units in the domestic market, registering a 36% year-on-year increase compared to 26,933 units sold in May 2025.

The growth was supported by healthy demand across light commercial vehicles and an exceptional performance from the three-wheeler segment.

Mahindra Domestic CV & 3-Wheeler Sales Performance in May 2026

According to the sales data, Mahindra witnessed growth across all major categories. The strongest increase came from the three-wheeler segment, while both light commercial vehicle categories also posted solid gains.

Domestic Sales Summary

LCV Under 2 Ton Segment Grows 35%

The LCV below 2-ton category recorded sales of 3,490 units in May 2026, compared to 2,580 units during the same month last year. This represents a 35% increase.

The growth was supported by rising demand from urban logistics, e-commerce deliveries, and last-mile transportation services.

LCV 2 Ton to 3.5 Ton Category Registers 16% Growth

Mahindra sold 20,589 units in the LCV 2T–3.5T segment during May 2026, up from 17,718 units in May 2025.

The segment posted 16% year-on-year growth, driven by increasing logistics activity and demand for higher payload commercial vehicles.

Three-Wheeler Segment Delivers Highest Growth

The company's three-wheeler business emerged as the best-performing segment during the month.

Sales surged to 12,536 units from 6,635 units a year ago, resulting in an impressive 89% growth.

The strong performance was mainly driven by increasing demand for passenger carriers and electric three-wheelers across the country.

Mahindra Export Sales Grow 37%

Mahindra also reported healthy growth in overseas markets during May 2026.

Export Sales Summary

The company exported 5,000 units in May 2026, compared to 3,646 units in May 2025, recording a 37% increase. The growth highlights continued demand for Mahindra's commercial vehicles in international markets.

Strong Momentum Across Domestic and Global Markets

Mahindra's May 2026 performance reflects strong momentum in both domestic and export operations. The company benefited from steady demand in the light commercial vehicle segment and a significant rise in three-wheeler sales. With 36,615 domestic sales and 5,000 export units, Mahindra continues to strengthen its position in India's commercial vehicle industry while expanding its presence in global markets.

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CMV360 Says

Mahindra delivered a strong sales performance in May 2026, supported by growth across all key commercial vehicle categories. The sharp rise in three-wheeler sales and steady demand for light commercial vehicles helped boost domestic volumes, while exports also recorded healthy gains. These results highlight Mahindra's growing presence in both Indian and international commercial vehicle markets.