Mahindra Passenger Vehicle Business Sees Seasonal Dip Amidst Market Leaders

Mahindra & Mahindra’s passenger vehicle division recorded 39,399 domestic SUV sales in August 2025, a 9% month-on-month decline from July’s 43,277 units, as dealers moderated wholesales ahead of GST rationalisation. Year-to-August, utility vehicle sales stand at 241,337 units, marking a 15% increase over the same period last year.

In contrast, Maruti Suzuki led August passenger car sales with 137,776 domestic sales, marginally up 0.2% month-on-month and flat year-on-year. Hyundai India’s total passenger vehicle volumes held steady at around 43,973 units in August, edging down just 0.1% from July. Tata Motors reported 39,521 domestic passenger vehicle sales in August, a 6.1% month-on-month rise as its Nexon and Punch continued strong performance. 

August 2025 Domestic Passenger Vehicle Sales Comparison

With festive demand on the horizon and GST clarity expected soon, Mahindra aims to regain momentum in September by replenishing dealer inventories and leveraging its SUV lineup’s appeal.