Mahindra & Mahindra recorded an 18% year-on-year increase in vehicle sales in February 2026, reinforcing its strong position in India’s fast-growing utility vehicle market. The growth was driven primarily by sustained demand for SUVs and steady performance in the commercial vehicle segment. The company’s expanding product portfolio, improved production capacity, and robust rural and semi-urban traction contributed to the uptick. February’s numbers reflect broader resilience in the domestic automotive industry, supported by infrastructure activity and aspirational consumption.