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September Auto Sales: M&M, Bajaj Auto Rise, Escorts Decline
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CNBC Awaaz•01-10-2026, 09:55
September Auto Sales: M&M, Bajaj Auto Rise, Escorts Decline
- •Mixed trends observed in auto companies' sales figures for September.
- •Mahindra & Mahindra's total sales increased by 15% to 1.15 lakh units, with SUV sales up 14%.
- •Bajaj Auto's total sales grew by 5% to 5.38 lakh units, driven by a 32% rise in exports.
- •Escorts' tractor sales declined by 16.7%, but its construction equipment business saw a strong 92.5% growth.
- •SML Mahindra's total sales increased by 18% to 1,124 units, including a 39% rise in cargo vehicle sales.
Key Questions Answered
Mahindra & Mahindra's total sales increased by 15% year-on-year to 1.15 lakh units in September. SUV sales rose by 14% to 64,092 units, whereas tractor sales dropped by 21% to 52,100 units.
Bajaj Auto's total sales grew by 5% to 5.38 lakh units in September. While exports surged by 32% to 2.44 lakh units and two-wheeler sales rose by 5%, domestic sales showed weakness, falling by 9% to 2.94 lakh units.
Escorts saw its total tractor sales decrease by 16.7% to 15,214 units, though its construction equipment business grew by 92.5% to 795 units. Meanwhile, SML Mahindra's total sales increased by 18% to 1,124 units.
