Mahindra Records 44,503 Units in Domestic CV Sales in October 2025: 18% Growth in Domestic CV and 3-Wheeler Sales

Key Highlights:

• 44,503 domestic CVs sold.

• 18% overall growth.

• 30% rise in 3-wheeler sales.

• 15% export growth (4,015 units).

• Bolero Maxx drives LCV success.

Mahindra & Mahindra, one of India’s top commercial vehicle manufacturers, has recorded a strong sales performance in October 2025. The company reported 44,503 domestic commercial vehicle (CV) and 3-wheeler sales, registering an 18% year-on-year growth compared to 37,654 units in October 2024.

This performance highlights Mahindra’s increasing dominance in India’s commercial and last-mile mobility markets, driven by its reliable LCVs, innovative 3-wheelers, and growing electric vehicle range.

Also Read: Mahindra Records 39,745 Units in Domestic CV Sales in September 2025: 21% Growth in Domestic CV and 3-Wheeler Sales

Mahindra’s domestic commercial vehicle business showed solid growth across all segments in October 2025. The company’s wide product portfolio and customer-centric approach continue to support its consistent upward trajectory.

LCV < 2T: 16% Growth in Small Load Carriers

Sales of light commercial vehicles under 2 tonnes rose by 16%, reaching 4,559 units in October 2025 versus 3,935 units in October 2024. This growth reflects higher demand for compact, fuel-efficient load carriers suited for short-distance deliveries and intra-city logistics.

LCV 2T – 3.5T: 14% Growth Driven by Bolero Maxx Range

Mahindra’s popular LCV range, between 2 to 3.5 tonnes achieved 27,182 unit sales, up by 14% from 23,893 units last year. The Bolero Maxx range played a key role in this growth, appreciated for its reliability, performance, and load-carrying efficiency, especially among small business owners and fleet operators.

3-Wheelers (Including Electric 3Ws): 30% Growth

The 3-wheeler segment, including electric variants, witnessed a remarkable 30% growth, with 12,762 units sold in October 2025 compared to 9,826 units in October 2024. This rise highlights Mahindra’s growing strength in last-mile mobility solutions and the rising acceptance of its electric 3-wheelers among urban and rural transport operators.

Mahindra Export Sales Show 15% Growth

Mahindra’s export business also performed strongly. The company exported 4,015 units in October 2025, marking a 15% increase from 3,500 units exported in October 2024. This consistent growth reflects Mahindra’s expanding global reach in markets across Africa, South Asia, and the Middle East.

Overall Sales Outlook

Mahindra’s overall commercial performance for October 2025 reflects strong market confidence and sustained demand across categories. The company achieved:

• 18% growth in domestic CV and 3W sales

• 15% growth in export volumes

• 44,503 domestic units and 4,015 export units sold in total

Mahindra’s success is supported by its robust product portfolio, focus on electric mobility, and commitment to innovation. The company continues to strengthen its leadership in both commercial vehicle and last-mile mobility segments in India and international markets.

Also Read: Montra Electric Appoints Deependra Sharma as CEO of Electric Three-Wheeler Division

CMV360 Says

Mahindra’s October 2025 performance highlights its strong position in India’s commercial vehicle market. With 18% domestic growth and solid export results, Mahindra continues to expand its leadership in both conventional and electric mobility segments. The impressive rise in 3-wheeler and LCV sales demonstrates increasing customer confidence and the company’s focus on innovation and sustainability.

Note

• Total vehicle sales of 120,142 units include SUVs, LCVs (<3.5T), 3-wheelers, and export volumes.

• Above UV Sales include sales made by Mahindra Electric Automobile Limited.

• Above Sales include sales made by Mahindra Last Mile Mobility Limited.

Sales also include models like Bolero Maxx PUP HD 1.9 & HD 2.0.