Mahindra PV Sales Surge 11% to 58,021 Units in May 2026

Mumbai, June 01, 2026: Mahindra & Mahindra Ltd. (M&M Ltd.) announced today that its passenger vehicle performance for May 2026 remains on a strong upward trajectory. The company registered a domestic sales characterised by 11% YoY growth in May 2026. The sales are dominated by the Utility Vehicles segment, which continues to see robust demand across the domestic market.

Mahindra Passenger Vehicle Sales Reach New Milestone

In the Utility Vehicles segment, Mahindra sold 58,021 vehicles in the domestic market during May 2026. This represents an 11% growth compared to the 52,431 units sold in May 2025. The passenger vehicle portfolio, which currently consists entirely of SUVs, highlights the brand's specialized strength in this category.

Domestic Passenger Vehicle Sales: YoY Comparison

Category	May F27 (Units)	May F26 (Units)	% Change
Utility Vehicles	58,021	52,431	11%
Cars + Vans	0	0	0%
Total Passenger Vehicles	58,021	52,431	11%

Month-on-Month Performance Trends

Comparing the performance to the previous month, Mahindra maintained a steady growth climb. In April 2026, the company recorded 56,331 unit sales. With 58,021 units sold in May 2026, the company achieved a month-on-month (MoM) growth of approximately 3%, demonstrating consistent market pull despite external constraints.

Passenger Vehicle Sales: MoM Comparison

Category	May 2026 (Units)	April 2026 (Units)	% Change (MoM)
Total Passenger Vehicles	58,021	56,331	3.01%

Executive Insight on Market Demand

Nalinikanth Gollagunta, CEO of the Automotive Division at M&M Ltd., shared his perspective on the monthly performance:

"In May, we achieved SUV sales of 58,021 units, a growth of 11% and total vehicle sales stood at 99,636, a 20% YoY growth. The sustained demand across our portfolio continues, constrained by supply chain challenges due to manpower shortages at select suppliers."

Mahindra's passenger vehicle division continues to thrive, driven exclusively by its popular SUV lineup. Despite facing specific supply chain hurdles related to manpower at the supplier level, the brand maintained double-digit domestic growth in May. This reinforced its leadership in the Utility Vehicle segment.

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