Mahindra CV & 3W Sales Rise 14% to 50,669 Units in October 2026; Exports Jump 77%

Key Highlights

• Mahindra recorded domestic CV and 3W sales of 50,669 units, up 14% YoY.

• LCV below 2 tonnes sales declined 4% to 4,383 units.

• LCV 2T-3.5T sales increased 5% to 28,654 units.

• Three-wheeler sales surged 38% to 17,632 units.

• Commercial vehicle exports jumped 77% to 7,102 units.

Mahindra & Mahindra Ltd. has reported a 14% year-on-year (YoY) increase in its domestic commercial vehicle (CV) and three-wheeler (3W) sales for October 2026. The company sold 50,669 units during the month, compared to 44,503 units in October 2025.

The company also delivered strong performance in international markets, with commercial vehicle exports increasing 77% YoY to 7,102 units from 4,015 units in the corresponding month last year.

The growth in domestic sales was primarily supported by the three-wheeler and LCV 2T-3.5T categories, while the LCV below 2-tonne segment recorded a slight decline.

Mahindra Domestic Commercial Vehicle and 3-Wheeler Sales in October 2026

Mahindra recorded total domestic sales of 50,669 commercial vehicles and three-wheelers in October 2026, compared to 44,503 units in October 2025. This represents a year-on-year growth of 14%.

The company's three-wheeler category recorded the highest growth among the reported domestic segments, while LCV 2T-3.5T continued to contribute the largest volume.

The detailed domestic sales performance is given below:

LCV Below 2 Tonnes Sales Decline 4%

Mahindra's light commercial vehicle segment below 2 tonnes recorded sales of 4,383 units in October 2026, compared to 4,559 units in October 2025.

This resulted in a 4% year-on-year decline, making it the only domestic category among the three reported segments to register negative growth during the month.

LCV 2T-3.5T Sales Grow 5%

The LCV 2T-3.5T category remained Mahindra's largest domestic sales contributor in October 2026.

The company sold 28,654 units in this segment, compared to 27,182 units in the same month last year, registering 5% YoY growth.

The segment accounted for the largest share of Mahindra's domestic CV and three-wheeler volumes, highlighting its importance in the company's commercial vehicle business.

Mahindra Three-Wheeler Sales Jump 38%

Mahindra's three-wheeler business delivered the strongest growth among its reported domestic categories in October 2026.

The company sold 17,632 three-wheelers during the month, compared to 12,762 units in October 2025. This represents a significant 38% year-on-year increase.

The strong performance reflects increased sales momentum in Mahindra's three-wheeler portfolio, which serves cargo transportation and passenger mobility requirements, including last-mile transportation applications.

Mahindra Commercial Vehicle Exports Increase 77% in October 2026

Mahindra also reported strong growth in its commercial vehicle export business during October 2026.

The company exported 7,102 units during the month, compared to 4,015 units in October 2025. This represents a substantial 77% year-on-year increase.

The sharp rise in exports highlights stronger demand for Mahindra's commercial vehicle portfolio in international markets and adds to the company's overall sales performance during the month.

Also Read: Volvo Eicher Commercial Vehicles October 2026 Sales: VECV Records 34.9% Growth at 10,861 Units

CMV360 Says

Mahindra recorded a 14% rise in domestic commercial vehicle and three-wheeler sales during October 2026, with total volumes reaching 50,669 units. Growth was led by three-wheelers while the LCV 2T-3.5T category remained the biggest contributor. Exports added further strength, climbing 77% to 7,102 units. Despite a decline in the sub-2-tonne LCV segment, the overall figures point to broader demand across Mahindra’s domestic and international commercial vehicle markets during the month.