Mahindra & Mahindra announced that its overall sales including exports in the Trucks and Buses business (CV > 3.5T) for the month of October 2025 stood at 2034 vehicles, a growth of 14%.
Mahindra's Trucks & Buses business comprises of Mahindra Trucks & Buses division (MTBD) and SML Mahindra Limited (SML).
According to Vinod Sahay, Executive Chairman SML, President Aerospace, Defence, Trucks, Buses & CE, M&M, The CV industry marked a modest recovery in October supported by lower GST and festival season. In October, we achieved a 14% growth driven by growth in ILCV trucks and buses. The HCV segment continues to face headwinds, with persistent challenges impacting growth and demand.
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