Mahindra Reports 39,399 SUV Sales in August 2025, Records 9% YoY Decline

Mahindra, a prominent Indian SUV manufacturer, reported a decline in car sales for August 2025, with total sales reaching 40,846 units. This reflects a decrease of 3,824 units compared to the previous year, marking an 8.56% drop in overall monthly passenger vehicle sales. Domestic sales fell to 39,339 units, down 9.09%, while exports increased slightly to 1,507 units, a rise of 8.18%. The company’s CEO emphasized the strategy to reduce wholesale billing in anticipation of GST changes, aiming to boost demand during the festive season.

Photo : TIMES DRIVE

Mahindra Reports 39,399 SUV Sales in August 2025, Records 9 YoY Decline

Indian automaker Mahindra , well known for its SUVs, has shared its sales data for August 2025. The data shared by the company outlines that the company has experienced de-growth in car sales last month. Over the past few years Mahindra has been on a spree of racking up its sales numbers. After several months of continuous growth Mahindra has now shared that the company has faced a slight dip in sales, however its total sales for the period still stands over forty thousand units.

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What factors contributed to Mahindra's sales growth in June 2025 compared to August 2025?

In June 2025, Mahindra reported a sales increase of 18.90% with a total of 48,329 units sold, driven by strong demand for new models like the Scorpio-N and Thar. In contrast, August 2025 saw a decline of 9.09% in domestic sales, attributed to strategic decisions to reduce wholesale billing ahead of anticipated GST changes. This indicates a shift in market dynamics affecting sales performance during these months.

How did Mahindra's exports in August 2025 compare to its exports in June 2025?

In August 2025, Mahindra exported 1,507 units, marking an 8.18% increase from the previous year. However, this was lower than the 1,023 units exported in June 2025, which represented a significant 64.46% year-on-year growth. This contrast highlights fluctuating performance in exports, possibly due to varying market conditions and demand for specific models.

What impact did the launch of new SUV models have on Mahindra's sales performance throughout 2025?

The introduction of new models like the Thar Roxx and XUV700 has significantly bolstered Mahindra's sales figures. For instance, in June 2025, the launch contributed to a robust growth of 18.90% in overall sales. Such new offerings have been crucial in maintaining consumer interest and driving sales, despite fluctuations in other months.

What strategies did Mahindra implement to manage inventory amid changing market conditions?

Mahindra's management decided to reduce wholesale billing to manage dealer inventory effectively as they anticipated GST rate changes. This proactive approach aimed to minimize excess stock and align production with market demand, especially as the festive season approached, which is typically a high-demand period for vehicle sales.

How has Mahindra's market position evolved in the Indian automotive sector over recent years?

Mahindra has established a strong market position in the Indian automotive sector, particularly in the SUV segment, with consistent sales growth attributed to popular models like the Thar, XUV700, and Scorpio N. This growth trajectory has enabled Mahindra to compete effectively against rivals, securing a notable share of the market, especially in the SUV category.

Mahindra Car Sales Report: August 2025

In August 2025 Mahindra managed to sell a total of 40,846 units of passenger vehicles (including PVs sold domestically plus exports from India). This sales figure indicates a decline in year-on-year total monthly passenger vehicle sales by 3,824 units which further translates into an 8.56 percent fall in year-on-year total monthly passenger vehicle sales. In August 2024 Mahindra posted a total passenger vehicle sales of 44,670 units.
In August 2025 Mahindra managed to sell 39,339 units of passenger vehicles in the domestic market. This sales figure indicates a year-on-year decline in monthly domestic passenger vehicles sales by 3,938 units which further translates into a 9.09 percent fall in year-on-year monthly domestic passenger vehicle sales. In August 2024 Mahindra posted a domestic passenger vehicle sales of 43,277 units.
In August 2025 Mahindra exported 1,507 units of passenger vehicles from India. This indicates a year-on-year rise in monthly passenger vehicle exports by 114 units which further translates into a 8.18 percent growth in year-on-year monthly passenger vehicle exports. In August 2024 Mahindra exported 1,393 units of passenger vehicles.

Management’s Viewpoint

Nalinikanth Gollagunta, CEO, Automotive Division, M&M Ltd., “August witnessed relatively robust demand in the SUV segment amidst anticipated GST rate changes. With the final GST announcement approaching, we consciously decided to bring down the wholesale billing to minimize the stock being carried by our dealers. We look forward to the GST rationalisation, which would be a demand driver through the festive season”.
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