autocar-logo
Delhi

Mahindra records highest-ever sales of 54,504 units in October 2024

Homegrown SUV maker is seeing rising demand thanks to popular models like the Thar Roxx and XUV 3XO, among others.
1 min read4 Nov '24
Akbar MerchantAkbar Merchant
Mahindra Thar Roxx

Mahindra recorded its highest-ever monthly SUV sales of 54,504 units in October, up from 51,062 units in the previous month. The company’s year-to-date performance remains strong, with total SUV sales reaching 3,14,714 units, representing a 22 percent growth compared to the previous twelve months.

  1. Mahindra exported 3,506 units in October
  2. XUV 3XO sales average 9,000-10,000 units a month

Mahindra's performance was highlighted by strong demand across its SUV portfolio during the festive season. Some of its models, such as the Thar Roxx, have been doing exceptionally well. The demand for the Roxx crossed 1.76 lakh units within an hour of its bookings opening. Deliveries for the Thar Roxx have commenced in phases, and some buyers have a delivery timeline as late as May 2026. In addition to the domestic SUV sales, Mahindra’s export figures stood at 3,506 units, marking an 89 percent increase compared to the previous year.

Another popular model from Mahindra, the XUV 3XO, saw average monthly sales in the range of 9,000-10,000 units. The waiting period for the Kia Sonet and Hyundai Venue rival is as high as six months for some variants.

Car sales set to hit a record 4.5 lakh units this festive season

It is a bumper Diwali 2024 for carmakers amid a slow year
3 min read31 Oct '24
Ketan ThakkarKetan Thakkar
Tata Nexon stockyard

Maruti retail sales to increase 14 percent YoY during festive season

Underlining the robust consumer sentiments in the automobile market, India’s largest passenger car maker, Maruti Suzuki, said retail sales of passenger vehicles have been pretty good during the ...
2 min read31 Oct '24
Kiran MuraliKiran Murali
Maruti Grand Vitara showroom

Drop in sub-Rs 10 lakh car sales intensifies industry slowdown, says Bhargava

The passenger vehicle industry has been experiencing a slowdown in sales for the past few months, and speaking at Maruti Suzuki’s half-yearly results announcement, Chairman RC Bhargava, attribut...
2 min read29 Oct '24
Saptarshi MondalSaptarshi Mondal
New car sales decline

Maruti leads exports in FY2025 first half with over 1.47 lakh units

Even though passenger vehicle leader Maruti Suzuki’s domestic market wholesales, at 8,44,614 units, were down 3 percent year on year (YoY) in the April-September 2024 period, the company is ridi...
5 min read23 Oct '24
Ajit DalviAjit Dalvi
Made in India Fronx, exported to Japan

Hyundai Motor India makes stock market debut at Rs 1,934

Hyundai Motor India (HMIL), which came out with the country’s largest initial public offering (IPO) of Rs 27,870 crore, debuted on the stock exchanges on Tuesday, listing at Rs 1,934 on the NSE...
2 min read22 Oct '24
Kiran MuraliKiran Murali
Hyundai India IPO listing and share prices
Mahindra Thar Roxx, XUV 3XO sales, Mahindra record sales, October 2024 - Introduction | Autocar India