Bangalore: Mahindra & Mahindra Ltd. (M&M Ltd.), today announced that its overall sales including exports in the Trucks and Buses business (CV > 3.5T) for the month of August 2026 stood at 2495 vehicles, a y-o-y growth of 47%. 

Mahindra’s Trucks & Buses business comprises of Mahindra Truck & Bus division (MTBD) and SML Mahindra Limited (SML).

According to Vinod Sahay, Executive Chairman – SML, President – Aerospace, Advanced Technologies, Trucks, Buses & CE, M&M, “The truck and bus segment continues to be supported by higher infrastructure spending, rising freight demand, and replacement demand , while facing challenges on rising input and fuel costs. Volumes were muted in August 2025 due to anticipated GST changes, and hence the growth this month also reflects the low base of last year.

During the month Mahindra Truck & Bus division launched all-new Mahindra BLAZO i-TRK, strengthening its Heavy Commercial Vehicles portfolio. Engineered around the philosophy of “Profit Ka Rocket”, it introduces a powerful proposition centered on up to 10% more fuel efficiency and a 48-hour Uptime Guarantee backed by a ₹10,000 per day assurance”

Trucks & Buses Business (MTBD+SML) – August 2026   
CategoryAugustYTD August
F27F26% ChangeF27F26% Change
Cargo Vehicles153298955%6456577212%
Passenger Vehicles96371235%8437691222%
MTBD + SML Total2495170147%148931268417%
Mahindra Trucks & Buses (MTBD) – August 2026   
CategoryAugustYTD August
F27F26% ChangeF27F26% Change
Cargo Vehicles104066856%4438372019%
Passenger Vehicles28019147%2239176927%
MTBD Total132085954%6677548922%
SML Mahindra Limited (SML) –  August 2026   
CategoryAugustYTD August
 F27F26% ChangeF27F26% Change
Cargo Vehicles49232153%20182052-2%
Passenger Vehicles68352131%6198514321%
SML Total117584240%8216719514%