Mahindra Auto Reports Strong Growth in February 2026: SUV Sales Surge by 19%
Mahindra & Mahindra Ltd. (M&M Ltd.) has announced its auto sales performance for February 2026, showcasing a significant upward trend in the Indian automotive market. The company recorded total vehicle sales of 97,177 units, representing an 18% year-on-year growth compared to the previous year. This comprehensive figure includes SUVs, light commercial vehicles (LCVs), three-wheelers, and export volumes.
Dominance in the Utility Vehicle Segment
The primary driver of this growth remains Mahindra’s Utility Vehicle (UV) segment. In the domestic market alone, Mahindra sold 60,018 SUVs in February 2026, marking a 19% increase over the 50,420 units sold in February 2025. When including exports, the total UV sales for the month reached 60,685 vehicles.
The Year-to-Date (YTD) performance for Utility Vehicles also reflects this consistent demand, with 600,004 units sold in the current fiscal year compared to 503,439 units during the same period last year.
Commercial Vehicle and Three-Wheeler Performance
Mahindra’s commercial vehicle and three-wheeler segments showed varied performance across different categories:
- Commercial Vehicles (Domestic): Domestic sales for this segment totaled 24,585 units, a 10% growth.
- LCV 2T – 3.5T: This category saw a 12% growth, with 21,416 units sold compared to 19,155 in February 2025.
- Three-Wheelers: This segment, which includes electric three-wheelers, experienced the highest percentage growth at 44%, with sales rising to 9,190 units from 6,395 in the previous year.
- LCV < 2T: This sub-segment saw a slight decline of 4%, with sales at 3,169 units compared to 3,290 in February 2025.
International Reach and Exports
Mahindra continues to expand its global footprint, reporting 3,384 units in total exports for February 2026. This represents an 11% growth over the 3,059 units exported in February 2025. The YTD export figures show a more robust growth of 21%, totaling 37,022 units for the fiscal year.
Nalinikanth Gollagunta, CEO of the Automotive Division at M&M Ltd., noted that the robust customer demand across the portfolio is reflected in these figures, particularly the 19% growth in SUV sales.
Frequently Asked Questions
What were Mahindra’s total vehicle sales in February 2026? Mahindra recorded total vehicle sales of 97,177 units in February 2026, which includes domestic sales and exports.
How much did Mahindra’s SUV sales grow in February 2026? Domestic SUV sales grew by 19% year-on-year, with 60,018 units sold compared to 50,420 units in February 2025.
Which segment saw the highest growth percentage for Mahindra in February 2026? The three-wheeler segment (including electric 3Ws) saw the highest growth at 44% year-on-year.
What was the export performance for Mahindra in February 2026? Total exports stood at 3,384 units, representing an 11% growth compared to February 2025.
How did Mahindra’s commercial vehicle segment perform? Domestic commercial vehicle sales grew by 10% in February 2026, reaching a total of 24,585 units.
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