M&M Auto Sales Soar 18% in Feb, Utility Vehicles Lead Growth

• Mahindra & Mahindra Ltd (M&M) reported an 18% year-on-year growth in overall automobile sales, reaching 97,177 units in February 2026.
• Domestic utility vehicle sales surged 19% to 60,018 units, while commercial vehicle sales grew 10% to 24,585 units.
• Total exports increased by 11% to 3,384 units in February 2026.
• M&M's total tractor sales jumped 34% to 34,133 units, with domestic sales up 35% to 32,153 units.
• Robust growth in rabi sowing, healthy reservoir levels, and favorable kharif harvest are boosting rural market cash flows and tractor demand.