Mahindra Overtakes Hyundai As India’s No.2 Carmaker In February 2025

In February 2025,

surpassed Hyundai Motor India to become India's second-largest car manufacturer, trailing only Maruti Suzuki. This shift highlights Mahindra's robust growth in the domestic market, particularly in the SUV segment. Sales Performance: * Mahindra: Domestic Sales: 50,420 units, marking a 19% year-on-year increase. Total Sales (including exports): 52,386 units. Exports: 3,061 units, reflecting a 99% year-on-year growth. * Hyundai: Domestic Sales: 47,727 units, a 4.3% decline compared to the previous year. Total Sales (including exports): 58,727 units. Exports: 11,000 units, achieving a 6.8% year-on-year growth. Mahindra's ascendancy is largely attributed to its strategic focus on the SUV segment, which has resonated well with Indian consumers. The company's diverse SUV portfolio has been a significant driver of its domestic sales growth. While Hyundai experienced a decline in domestic sales, it maintained strong export performance, underscoring its global market presence. This development signifies a notable shift in India's automotive industry, with Mahindra's targeted SUV strategy propelling it to the second position in domestic car sales for February 2025. No Recommendation