Mahindra Reports 39,742 CV & 3-Wheeler Sales in July 2026, Domestic Sales Rise 33%, Exports Up 47%

Key Highlights

• Domestic CV & 3W sales grew 33% to 39,742 units.

• LCV below 2T sales increased 40% to 3,870 units.

• LCV 2T-3.5T sales rose 21% to 21,334 units.

• Three-wheeler sales jumped 53% to 14,538 units.

• Commercial vehicle exports climbed 47% to 4,070 units.

Mahindra & Mahindra Ltd. has reported strong growth in its Commercial Vehicle (CV) and Three-Wheeler (3W) business for July 2026. The company sold 39,742 commercial vehicles and three-wheelers in the domestic market, registering a 33% year-on-year (YoY) growth compared to 29,939 units sold in July 2025.

The company also recorded healthy growth in its international business, with commercial vehicle exports increasing 47% YoY to 4,070 units, up from 2,774 units in the same month last year.

The latest performance reflects rising demand across light commercial vehicles, last-mile delivery solutions, logistics operations, infrastructure activities, and passenger as well as electric three-wheelers.

Also Read: Mahindra CV & 3-Wheeler Sales Jump 44% in June 2026, Exports Surge 125% YoY

Mahindra Domestic CV & 3-Wheeler Sales - July 2026

The following sales summary shows Mahindra's domestic performance across key commercial vehicle and three-wheeler categories.

Source: Mahindra Commercial Vehicles & 3-Wheelers Domestic Sales Report (July 2026)

LCV Below 2 Tonnes Records 40% Growth

Mahindra sold 3,870 units in the LCV below 2-tonne category during July 2026, compared to 2,763 units in July 2025. The segment posted a 40% YoY increase, supported by continued demand from urban logistics, intra-city cargo transportation, and last-mile delivery businesses.

LCV 2T-3.5T Segment Continues to Grow

The LCV 2T-3.5T category recorded 21,334 units, up from 17,701 units in the corresponding month last year. This represents a 21% year-on-year growth, driven by increasing freight movement and higher demand from logistics operators across the country.

Three-Wheeler Sales Jump 53%

Mahindra's three-wheeler business, including electric models, delivered the strongest growth among all domestic segments. Sales increased to 14,538 units in July 2026 from 9,475 units a year earlier, registering a 53% YoY growth. Rising demand for passenger carriers and electric three-wheelers in urban and semi-urban markets contributed to this strong performance.

Mahindra Commercial Vehicle Export Sales - July 2026

Mahindra also reported robust growth in exports during July 2026.

Source: Mahindra Commercial Vehicle Export Sales Report (July 2026)

The company exported 4,070 commercial vehicles during the month, compared to 2,774 units in July 2025. The 47% year-on-year growth highlights sustained demand for Mahindra's commercial vehicles in overseas markets.

Overall Performance

Mahindra maintained strong momentum across its commercial vehicle and three-wheeler portfolio in July 2026. Every major domestic segment posted positive year-on-year growth, with the three-wheeler business leading at 53%, followed by LCV below 2 tonnes (40%) and LCV 2T-3.5T (21%). Along with a 47% rise in exports, the company's July performance reflects healthy demand in both domestic and international markets, reinforcing Mahindra's strong position in India's commercial vehicle and three-wheeler industry.

Also Read: Mahindra Tractor Sales Grow 20% in July 2026; Domestic Sales Jump 21% to 32,643 Units

CMV360 Says

Mahindra delivered a strong performance in July 2026 with robust growth across domestic commercial vehicles, three-wheelers, and export markets. The company benefited from rising demand in logistics, cargo transportation, last-mile delivery, passenger mobility, and electric three-wheelers. With domestic sales growing 33% and exports rising 47%, Mahindra continues to strengthen its presence in both Indian and international commercial vehicle markets while maintaining positive sales momentum.