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M&M closes in on Maruti in utility vehicle segment

Financial Express Pune

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August 05, 2025

Fight For Top Spot

- SWARAJ BAGGONKAR

MAHINDRA AND MAHINDRA (M&M) has swiftly closed in on Maruti Suzuki in the utility vehicle (UV) space, inching closer to the leadership position on the back of some best-selling launches. From 53,500 units in the April-July of last year, the gap between the two has narrowed to just 12,700 units in the first four months of 2025. In July this gap was down to just 2,900 units.

If the trend continues for the rest of FY26, it would result in M&M regaining the lead in the segment after a gap of nine years. The Mumbai-based maker of Scorpio and Thar is ramping up production of its key models to meet growing demand.

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