Mahindra clocks 19 pc growth in SUV sales in Feb, tractor sales also up 19 pc

62

Mumbai, March 1 (IANS) Mahindra & Mahindra on Saturday announced that its overall auto sales for the month of February stood at 83,702 vehicles, a growth of 15 per cent, including exports.

In the ‘Utility Vehicles’ segment, Mahindra sold 50,420 SUVs in the domestic market, a growth of 19 per cent and 52,386 vehicles overall, including exports. The domestic sales for Commercial Vehicles stood at 23,826.

“In February, we clocked SUV sales of 50,420, a growth of 19 per cent and 83,702 total vehicles, a growth of 15 per cent. This strong performance is a result of a continued positive momentum for our SUV portfolio,” said Veejay Nakra, President, Automotive Division, M&M Ltd.

Meanwhile, Mahindra & Mahindra’s Farm Equipment Sector (FES), part of the Mahindra Group, announced its tractor sales numbers for February.

Domestic sales in February were at 23,880 units, against 20,121 units during February 2024.

Total tractor sales (domestic and exports) during February 2025 were at 25,527 units, as against 21672 units for the same period last year. Exports for the month stood at 1,647 units.

According to Hemant Sikka, President – Farm Equipment Sector, Mahindra & Mahindra, “We have sold 23,880 tractors in the domestic market during February 2025, a growth of 19 per cent over last year”.

After a good Kharif crop, Rabi crop outlook is also looking positive due to favourable weather conditions.

“Increase in Agri credit limit, continued Government support to increase farmer incomes and a bumper Rabi harvest will help boost tractor demand going forward. In the exports market we have sold 1647 tractors, at a growth of 6 per cent over last year,” he mentioned.

The Mahindra Group is one of the largest multinational federation of companies with 260,000 employees in over 100 countries.

—IANS

na/

Go to Source

Disclaimer

The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

For any legal details or query please visit original source link given with news or click on Go to Source.

Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.

If you are not willing to accept this disclaimer then we recommend reading news post in its original language.

MGID