Mahindra Reports 32,324 Domestic CV & 3-Wheeler Sales in December 2025, Up 33%

Key Highlights

• Domestic CV & 3W sales grew 33% in December 2025.

• Total domestic sales stood at 32,324 units.

• LCV 2T–3.5T segment recorded the highest growth at 37%.

• 3-wheeler sales increased 31%, including electric models.

• Export volumes declined by 9% year-on-year.

Mahindra & Mahindra Ltd. (M&M), one of India’s leading automobile manufacturers, posted strong growth in the domestic commercial vehicle (CV) and 3-wheeler segments in December 2025. The company recorded 32,324 domestic CV and 3-wheeler sales, registering a 33% year-on-year growth compared to 24,298 units in December 2024. Demand remained strong across light commercial vehicles and 3-wheelers, including electric models.

Also Read: Mahindra Records 33,411 Domestic CV Sales in November 2025

Mahindra Domestic CV & 3-Wheeler Sales – December 2025

The table below shows a clear category-wise comparison of Mahindra’s domestic sales:

Segment-Wise Performance Highlights

LCV Below 2 Tonnes

Mahindra sold 2,720 units in this segment, achieving 13% growth year-on-year. Consistent demand from last-mile delivery, small traders, and urban logistics supported this steady rise.

LCV 2 Tonnes to 3.5 Tonnes

This segment delivered the highest growth of 37%, with sales reaching 22,066 units. The strong performance reflects growing demand for reliable mid-range cargo vehicles across urban and semi-urban markets.

3-Wheelers Including Electric Models

Mahindra’s 3-wheeler sales grew by 31%, touching 7,538 units in December 2025. Increasing acceptance of electric 3-wheelers for passenger and cargo transport continued to drive volumes.

Mahindra Export Sales – December 2025

Mahindra’s export performance softened during the month, as shown in the table below:

Exports declined by 9%, mainly due to a temporary demand slowdown in a few overseas markets.

Overall Sales Outlook

Mahindra’s December 2025 sales performance highlights strong domestic momentum in light commercial vehicles and 3-wheelers, supported by rising cargo movement and growing electric mobility adoption. While exports saw a short-term dip, the company continues to strengthen its presence in India’s commercial vehicle space with consistent growth across key domestic segments.

Note

• Total vehicle sales of 86,090 units include SUVs, LCVs (<3.5T), 3-wheelers, and export volumes.

• UV sales include vehicles sold by Mahindra Electric Automobile Limited.

• Sales figures include volumes from Mahindra Last Mile Mobility Limited.

• Data includes Bolero Maxx PUP HD 1.9 and HD 2.0 models.

Also Read: Big Boost to Electric Mobility: Tamil Nadu Extends 100% EV Motor Tax Exemption Till December 2027

CMV360 Says

Mahindra delivered a strong performance in December 2025 with domestic CV and 3-wheeler sales rising 33% year-on-year to 32,324 units. Growth was led by the LCV 2T–3.5T segment and supported by steady demand for small cargo vehicles and 3-wheelers, including electric models. Although exports declined slightly, robust domestic demand highlights Mahindra’s growing strength in India’s commercial mobility market.