WebinarsNew
Deep DiveNew
Explore Business Standard
Mahindra & Mahindra
Mahindra & Mahindra is targeting more than 50 per cent market share in the small pickup segment in the current fiscal year, with the expanded Veero range expected to help the automaker gain further momentum, a senior company executive said on Tuesday. The company, which currently commands a 46 per cent share in the small pickup segment year-to-date through July, expects the addition of the 1.1-tonne CNG Veero to help it cross the 50 per cent mark in FY27. Its market share in the segment stood at 49.1 per cent in FY26, Velusamy R, President, Automotive Business, Mahindra & Mahindra, told PTI in an interview. "In the small pickup segment in FY26, we were at 49.1 per cent, while in FY27 we are at 46 per cent. In the short term, Veero is expected to help Mahindra gain momentum and cross 50 per cent market share in FY27 once we launch this 1.1-tonne CNG," Veluswamy shared. Mahindra on Tuesday expanded the Veero range with the launch of the 1.1-tonne XXL CNG variant and upgraded its
Mahindra & Mahindra on Tuesday said its farm equipment business registered domestic tractor sales of 27,595 units in August, achieving a 5 per cent year-on-year growth. The company had sold 26,201 units in August 2025. The total tractor sales, including domestic and exports during August 2026, were at 29,507 units, as against 28,117 units for the same period last year. Exports for the month stood at 1,912 units. Veejay Nakra, President - Farm Equipment Business, Mahindra & Mahindra Ltd said, "We sold 27,595 tractors in the domestic market during August 2026, a growth of 5 per cent over last year. Steady improvement in rainfall has helped near-normal Kharif sowing". Besides, he said, continued support of various government schemes and the upcoming festive season should bolster rural sentiment. Moreover, Mahindra & Mahindra's trucks and buses business sold 2,495 vehicles in August 2026, registering a growth of 47 per cent year-on-year. Mahindra's trucks & buses business .
Mahindra & Mahindra Ltd on Tuesday reported a 42 per cent jump in total vehicle sales to 1,07,648 units in August compared with the same month last year, driven by SUV sales, which grew 50 per cent year-on-year in the domestic market. The overall auto sales for August 2026 stood at 1,07,648 vehicles, a growth of 42 per cent, including exports, the company said in a statement. In the Utility Vehicles segment, the company said it sold 59,257 vehicles in the domestic market, registering a growth of 50 per cent year-on-year. Overall, it sold 61,167 utility vehicles, including exports. It said domestic sales of commercial vehicles stood at 27,415 units, registering a year-on-year growth of 22 per cent. "Demand continues to remain strong across our portfolio, with the updated Scorpio-N and BE 6 SPORTEQ receiving strong market response from customers. We look forward to building on this momentum during the festive season," the company said.
Homegrown auto major Mahindra & Mahindra is gearing up to intensify exports with its newly unveiled pickup targeting markets like South Africa, Australia, the Middle East, and Latin America, according to company ED & CEO, Auto & Farm Sectors, Rajesh Jejurikar. The company, which has witnessed a multi-fold increase in its electric passenger vehicles sales last fiscal, is also confident of maintaining the growth trajectory with new products hitting the market, Jejurikar told PTI. Recently, the company unveiled its pickup 'Mahindra Scorpio Lifestyler' which will hit the market in India in April 2027 and it will be launched as the 'Mahindra Lifestyler' in global markets. "The Lifestyler pickup was developed as a global platform for access for mainly leveraging a global opportunity...It is an important part of our global growth strategy. We have been outlining that the 'Lifestyler' will be an important part of our global growth strategy," he said. Sharing which global markets ..
Mahindra & Mahindra Ltd on Saturday reported a 26 per cent rise in total auto sales at 1,03,860 units in July 2026. Utility vehicle sales in the domestic market stood at 60,048 units last month as against 49,871 units in July 2025, registering a growth of 20 per cent. Domestic sales for commercial vehicles stood at 25,204, a growth of 23 per cent, it added. Total exports in July stood at 4,070 units as against 2,774 units in the same month last year, up 47 per cent, the company said. The overall growth reflects all-round demand traction across the portfolio, M&M Ltd CEO, Automotive Division, Nalinikanth Gollagunta, said.