India's Mahindra & Mahindra posts 23% rise in December SUV sales

Hyundai Motor India

01/01/2026 04:28

Jan 1 (Reuters) - Indian automaker Mahindra & Mahindra MAHM.NS reported a 23% rise in the December sales of its sports utility vehicles (SUV) to dealers on Thursday, fuelled by a sustained rise in demand following tax reductions.

In September, India cut the tax on SUVs with engines above 1500 cc to 40% from about 50% to boost demand, a change that applies to most of Mahindra's SUV range.

Market leader Maruti Suzuki MRTI.NS, along with Hyundai India HYUN.NS and Tata Motors TAMO.NS, are yet to report their sales figures.

 (Reporting by Meenakshi Maidas in Bengaluru; Editing by Janane Venkatraman)

 ((Meenakshi.Maidas@thomsonreuters.com; +91 8921483410;))