Mahindra Quarterly Car Sales Analysis - YoY, QoQ Change, Q4 2022 | V3Cars
In this Q4 2022 Mahindra quarterly cars sales analysis article, we’ll look at the car sales of Mahindra for the previous year. We’ll also compare the YoY and QoQ change to find out which Mahindra cars’ sales improved and which ones declined.

Q4 2022 - Mahindra Quarterly Car Sales Figures - YoY Change
- Most Mahindra cars saw a growth in sales in Q4 of 2022 compared to Q3 of 2021. The only loser was Alturas G4, which saw a 67% decline
- The Mahindra Scorpio range (Scorpio Classic and Scorpio-N was the top gaining high volume car, with a 148% growth in YoY comparison
- The Bolero was the top selling car for Mahindra in Q4 of 2022 and 2021
- The XUV700 was the second best gainer for Mahindra, with a 62% YoY growth.
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Q4 2022 - Mahindra Quarterly Car Sales Figures - QoQ Change
- Most Mahindra cars saw their QoQ sales drop. The only exceptions were the Scorpio pair, XUV300 and Marazzo, which saw a growth of 2.46%, 4.26% and 127%, respectively
- The Alturas G4 saw the biggest decline of 77%, followed by the e-Verito, with a decline of around 74%
- Bolero and Scorpio sales remained fairly stable between Q3 and Q4 of 2022
- The poor sales of the Alturas G4 led to its discontinuation
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Mahindra — Quarterly Sales Trend (Q1 2022 - Q4 2022)
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Mahindra Cars in India
XEV 9e
₹22.40 - ₹31.00 lakh*
*Ex-showroom priceBE 6
₹19.40 - ₹27.40 lakh*
*Ex-showroom priceThar Roxx
₹12.99 - ₹23.09 lakh*
*Ex-showroom priceXUV 3XO
₹7.99 - ₹15.57 lakh*
*Ex-showroom priceBolero Neo
Plus
₹11.39 - ₹12.49 lakh*
*Ex-showroom priceXUV 400
EV
₹15.49 - ₹17.69 lakh*
*Ex-showroom priceScorpio Classic
₹13.62 - ₹17.50 lakh*
*Ex-showroom priceScorpio-N
₹13.99 - ₹24.89 lakh*
*Ex-showroom priceXUV 700
₹13.99 - ₹24.99 lakh*
*Ex-showroom priceBolero Neo
₹9.95 - ₹12.15 lakh*
*Ex-showroom priceThar
₹11.50 - ₹17.60 lakh*
*Ex-showroom priceBolero
₹9.79 - ₹10.91 lakh*
*Ex-showroom priceMarazzo
₹14.59 - ₹17.00 lakh*
*Ex-showroom priceBolero Pick
Up
₹9.56 - ₹10.19 lakh*
*Ex-showroom priceUpcoming Mahindra Cars
XUV 3XO
EV
₹11.00 - ₹17.00 lakh*
*Expected PriceExpected Launch Jul 2025
XUV e8
₹45.00 - ₹50.00 lakh*
*Expected PriceExpected Launch Aug 2025
New Bolero
₹10.00 - ₹12.50 lakh*
*Expected PriceExpected Launch Jun 2026
BE 07
₹45.00 - ₹50.00 lakh*
*Expected PriceExpected Launch Oct 2026
Thar.E
₹20.00 - ₹25.00 lakh*
*Expected PriceExpected Launch Oct 2027
eKUV100
₹9.00 - ₹12.50 lakh*
*Expected PriceExpected Launch Jan 2028
S204
₹12.00 - ₹16.00 lakh*
*Expected PriceExpected Launch Jun 2028
BE RALL
E Concept
₹45.00 - ₹50.00 lakh*
*Expected PriceExpected Launch Aug 2028
BE 09
₹45.00 - ₹50.00 lakh*
*Expected PriceExpected Launch Oct 2028
Next Gen
XUV500
₹13.00 - ₹18.00 lakh*
*Expected PriceExpected Launch Oct 2030
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