Latest news with #NalinikanthGollagunta
Entrepreneur
01-08-2025
- Automotive
- Entrepreneur
Auto OEMs Report a Mix Bag Of Performance In June 2025
While some reported strong YoY growth in June 2025, other OEMs reported flat numbers and decline in growth percentage You're reading Entrepreneur India, an international franchise of Entrepreneur Media. While overall industry growth is expected to remain subdued, auto OEMs are well positioned to leverage its new launches to outperform across segments, while continuing to build on the EV momentum. While some reported strong YoY growth in June 2025, other OEMs reported flat numbers and decline in growth percentage. Mahindra & Mahindra Ltd. (M&M Ltd.), one of India's leading automotive companies, announced that its overall auto sales for the month of July 2025 stood at 83,691 vehicles, a growth of 26 percent, including exports. In the utility vehicles segment, Mahindra sold 49,871 vehicles in the domestic market, a growth of 20 percent and overall, 50,835 vehicles, including exports. The domestic sales for commercial vehicles stood at 21,571. Nalinikanth Gollagunta, CEO, Automotive Division, M&M Ltd, said, "In July, we achieved SUV sales of 49,871 units, a growth of 20 percent, and total vehicle sales of 83,691 units, a 26 percent growth compared to the same month last year. Our SUV growth has been supported by the recent launch of XUV 3XO 'REVX' Series & the commencement of deliveries for Pack two variants of the BE 6 and XUV 9E models." Toyota sold 32, 575 units in July 2025 compared with 31,656 units in 2024. The exclusive limited edition prestige packages for Toyota Glanza and Urban Cruiser Hyryder have received an encouraging market response "We are pleased to report a growth of three percent in July 2025 by selling 32,575 units. Overall, market acceptance has been consistent for us, which goes to underpin our unwavering commitment to a customer-centric approach. Our focus will remain on continuing to serve the market with high quality products and enhanced value-added services through enhanced reach which we believe will serve as the key growth drivers in the months ahead." Tata Motors Limited sales in the domestic and international market for Q1FY26 stood at 2,10,415 units, compared with 2,29,891units during Q1FY25. Total domestic PVs, including EV sales in June 2025 stood at 37,083 units compared with 43,524 units in June 2024, a drop of 15 percent. Shailesh Chandra, MD, Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility "In Q1 FY26, the Passenger Vehicle industry experienced volume pressures, particularly in May and June, with flat growth reflecting continued softness in demand. The Electric Vehicle segment emerged a bright spot, driven by robust growth and the launch of new EV models across OEMs, enhancing customer interest and consideration. Tata Motors reported wholesales of 124,809 units in Q1 FY26, including 16,231 EV units. EV sales gained strong momentum towards the end of the quarter with a healthy growth trajectory. The refreshed Tiago posted 16 per cent year-on-year volume growth in Q1 FY26 and new launches—Altroz and saw a positive market response. Kia India reported sales of 22,135 units in July 2025, representing an 8 percent increase compared to 20,507 units sold in July 2024. The Korean carmaker has maintained consistent growth throughout 2025, with year-to-date sales reaching 163,439 units compared to 146,644 units during the same period last year. Joonso Cho, chief sales officer of Kia India, said that the performance shows customer trust in the Kia brand. He emphasized the company's focus on delivering vehicles that meet evolving customer needs, particularly stating the encouraging response to the Carens Clavis EV's performance, range, and practicality. "We focus on creating innovative mobility solutions." JSW MG Motor India reported monthly sales of 6678 units in July 2025 and achieved its highest ever monthly sales of this year. The company also registered a year-on-year growth of 46 percent over the 4,575 units sold in July 2024. JSW MG Motor India also launched the first two luxury products under the brand's new luxury sales channel MG SELECT. The MG M9 - Presidential Limousine launched at INR 69.90 L, and the MG Cyberster - the World's Fastest MG priced at INR 74.99 L will be sold exclusively via MG SELECT Experience Centres, offering a unique purchase experience.
Hindustan Times
01-08-2025
- Automotive
- Hindustan Times
Mahindra records 26% growth in July 2025 sales, SUVs take the charge
Mahindra & Mahindra reported a 26 per cent year-on-year increase in total auto sales for July 2025, with volumes hitting 83,691 units across all segments. The growth in sales was driven by sustained demand within the utility vehicles segment and overseas markets. SUVs alone accounted for 49,871 units sold within the domestic market, marking a 20 per cent year-on-year increase in the segment. The company sold a total of 50,835 utility vehicles during the month, including exports. For its cumulative year-to-date performance, it sold a total of 2,01,938 SUVs in the seven months from January to July 2025. This marks a 22 per cent increase from the 1,65,871 units sold in the corresponding period of FY25. Also check these Cars Find more Cars Mahindra BE 6 79 kWh 79 kWh 682 km 682 km ₹ 18.90 Lakhs Compare View Offers Mahindra XEV 9e 79 kWh 79 kWh 656 km 656 km ₹ 21.90 Lakhs Compare View Offers Mahindra XUV 3XO 1497 cc 1497 cc Multiple Multiple ₹ 7.99 Lakhs Compare View Offers Kia Carens Clavis EV 51.4 kWh 51.4 kWh 490 km 490 km ₹ 17.99 Lakhs Compare View Offers Hyundai Creta EV 51.4 kWh 51.4 kWh 473 km 473 km ₹ 17.99 Lakhs Compare View Offers UPCOMING Maruti Suzuki e Vitara 61 kWh 61 kWh 500 km 500 km ₹ 17 - 26 Lakhs Alert Me When Launched Mahindra reported total domestic commercial vehicle sales of 21,571 units. The three-wheeler segment saw a strong 164 per cent jump to 9,475 units, up from 3,593 units in the year-ago period. Total exports rose to 2,774 units, marking an 83 per cent Y-o-Y increase. Also Read : Indian EV space seeing good progress with entry of global players, says Mahindra Commenting on the performance, Nalinikanth Gollagunta, CEO of Mahindra's Automotive Division, said, 'In July, we achieved SUV sales of 49,871 units, a growth of 20 per cent, and total vehicle sales of 83,691 units, a 26 per cent growth compared to the same month last year. Our SUV growth has been supported by the recent launch of XUV 3XO 'REVX' Series & the commencement of deliveries for Pack two variants of the BE 6 and XEV 9E models." Mahindra to unveil new Vision concepts on August 15: The upcoming Vision concept models will be unveiled at the company's highly anticipated Freedom NU event on August 15, 2025 Mahindra is working on four new concept models to be underpinned by an all-new platform, expected to be compatible with petrol, diesel, hybrid, and electric powertrains. The Vision.S, Vision.X, and Vision.T will be unveiled at the company's 'Freedom_Nu' event on August 15, 2025. This new range will likely be positioned as global offerings in an attempt to fuel Mahindra's overseas expansion. Teasers are out for all, showcasing rugged design elements with modern architecture. The Vision.T features a boxy design with dual-purpose tyres, a clamshell bonnet, and a butch bumper, and it is expected to be an evolution of the Mahindra Thar.e concept that was unveiled alongside the Global Pik Up in August 2023. The Vision.S concept features an upright front-end, flared arches, and a clamshell bonnet with vents, suggesting a performance-oriented model. The Vision.X, on the other hand, is expected to be the XEV 7e, which is the electric version of the Mahindra XUV700. It bears a similar silhouette to the XUV700 while bringing an EV-centric design. The is likely an evolution of the 2023 Global Pik Up Concept. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date:
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Business Standard
01-08-2025
- Automotive
- Business Standard
Mahindra & Mahindra vehicle sales rise 26% to 83,691 units in July
Mahindra & Mahindra on Friday posted a 26 per cent year-on-year increase in total sales at 83,691 units in July, as compared to 66,444 units in the same month last year. In the utility vehicles segment, the Mumbai-based automaker sold 49,871 units in the domestic market, a growth of 20 per cent, as compared to 41,623 units in July last year. "Our SUV growth has been supported by the recent launch of XUV 3XO 'REVX' Series & the commencement of deliveries for Pack two variants of the BE 6 and XEV 9E models, Mahindra & Mahindra (M&M) CEO Automotive Division Nalinikanth Gollagunta said. The company said its tractor sales in the domestic market stood at 26,990 units last month, as against 25,587 units in July 2024, a growth of 5 per cent. Total tractor sales (domestic and exports) last month were at 28,708 units, as against 27,209 units for the same period last year. "This performance was driven by sustained land preparation activities, supported by robust cash flows in rural markets following the conclusion of Rabi crop harvesting," M&M President - Farm Equipment Business Veejay Nakra said. Additionally, the normal progression of monsoon across most regions further contributed to good demand during the onset of sowing for the Kharif season, he added. "In the exports market, we have sold 1,718 tractors, a growth of 6 per cent over last year," Nakra said.
Business Standard
01-08-2025
- Automotive
- Business Standard
M&M total sales rises 26% YoY to 83,691 units in July'25
Mahindra & Mahindra (M&M) said that its overall auto sales grew by 25.95% to 83,691 vehicles sold in July 2025 as against 66,444 vehicles sold in July 2024. On a month-on-month basis, Mahindra & Mahindras (M&M) total auto sales jumped 5.97% in July 2025 compared to 78,969 units sold in June 2025. In the utility vehicles segment, the company sold 49,871 vehicles in the domestic market, registering a growth of 20% YoY and overall, 50,835 vehicles, including exports. The company sold 21,571 units of commercial vehicles (LCV+MHCV) in July 2025, up 9.42% from 19,713 units sold in July 2024. Three-wheelers (including electric 3Ws) sales grew 164% YoY to 9,475 units in July 2025. Total exports for the month stood at 2,774 vehicles, registering a growth of 83% on YoY basis. Nalinikanth Gollagunta, CEO, Automotive Division, M&M, In July, we achieved SUV sales of 49,871 units, a growth of 20%, and total vehicle sales of 83,691 units, a 26% growth compared to the same month last year. Our SUV growth has been supported by the recent launch of XUV 3XO 'REVX' Series & the commencement of deliveries for Pack two variants of the BE 6 and XUV 9E models. Further, the company's Farm Equipment Sector (FES) announced that its total tractor sales (domestic + exports) during July 2025 were at 28,708 units, up 5.50% from 27,209 units sold during the same period last year. Domestic tractor sales grew by 5.48% to 26,990 units in July 2025, compared to 25,457 units sold in July 2024. Tractor exports rose 6% to 1,718 units in July 2025, compared to 1,662 units during the same period last year. Veejay Nakra, president farm equipment business, Mahindra & Mahindra, said, We have sold 26,990 tractors in the domestic market during the month of July 2025, a growth of 5% over last year. This performance was driven by sustained land preparation activities, supported by robust cash flows in rural markets following the conclusion of Rabi crop harvesting. Additionally, the normal progression of monsoon across most regions further contributed to good demand during the onset of sowing for the Kharif season. In the exports market, we have sold 1,718 tractors, a growth of 6% over last year. M&M Group enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India. It is the world's largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. Mahindra & Mahindra's standalone net profit surged 32% to Rs 3,449.84 crore in Q1 FY26 as against Rs 2,612.63 crore recorded in Q1 FY25. Revenue from operations increased 26.1% year on year (YoY) to Rs 34,083.23 crore in the quarter ended 30 June 2025. Shares of Mahindra & Mahindra fell 1.33% to currently trade at Rs 3,160.85 on the BSE
Time of India
01-08-2025
- Automotive
- Time of India
Mahindra & Mahindra vehicle sales up 26% to 83,691 units in July
Mahindra & Mahindra on Friday posted a 26 per cent year-on-year increase in total sales at 83,691 units in July, as compared to 66,444 units in the same month last year. In the utility vehicles segment, the Mumbai-based automaker sold 49,871 units in the domestic market, a growth of 20 per cent, as compared to 41,623 units in July last year. Explore courses from Top Institutes in Please select course: Select a Course Category Technology Cybersecurity Leadership Finance Data Analytics CXO Public Policy Design Thinking Operations Management Data Science Healthcare Others others Digital Marketing Artificial Intelligence healthcare Data Science MCA Management PGDM Project Management Product Management Degree MBA Skills you'll gain: Duration: 12 Weeks MIT xPRO CERT-MIT XPRO Building AI Prod India Starts on undefined Get Details "Our SUV growth has been supported by the recent launch of XUV 3XO 'REVX' Series & the commencement of deliveries for Pack two variants of the BE 6 and XEV 9E models," Mahindra & Mahindra (M&M) CEO Automotive Division Nalinikanth Gollagunta said. The company said its tractor sales in the domestic market stood at 26,990 units last month, as against 25,587 units in July 2024, a growth of 5 per cent. Total tractor sales (domestic and exports) last month were at 28,708 units, as against 27,209 units for the same period last year. Live Events "This performance was driven by sustained land preparation activities, supported by robust cash flows in rural markets following the conclusion of Rabi crop harvesting," M&M President - Farm Equipment Business Veejay Nakra said. Additionally, the normal progression of monsoon across most regions further contributed to good demand during the onset of sowing for the Kharif season, he added. "In the exports market, we have sold 1,718 tractors, a growth of 6 per cent over last year," Nakra said.
