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
XUV400 EV
₹15.99 - ₹18.99 lakh*
*Ex-showroom priceXUV300 TurboSport
₹10.35 - ₹12.90 lakh*
*Ex-showroom priceScorpio Classic
₹13.00 - ₹16.81 lakh*
*Ex-showroom priceScorpio-N
₹13.06 - ₹24.51 lakh*
*Ex-showroom priceXUV700 7-Seater
₹17.75 - ₹26.18 lakh*
*Ex-showroom priceXUV700 5-Seater
₹14.01 - ₹20.28 lakh*
*Ex-showroom priceBolero Neo
₹9.63 - ₹12.14 lakh*
*Ex-showroom priceThar
₹10.54 - ₹16.78 lakh*
*Ex-showroom priceBolero
₹9.78 - ₹10.79 lakh*
*Ex-showroom priceXUV300
₹8.42 - ₹14.14 lakh*
*Ex-showroom priceeVerito
₹11.41 - ₹11.80 lakh*
*Ex-showroom priceMarazzo
₹13.41 - ₹15.61 lakh*
*Ex-showroom priceBolero Pick
up
₹8.27 - ₹8.53 lakh*
*Ex-showroom priceUpcoming Mahindra Cars
All New
XUV300
₹8.50 - ₹13.50 lakh*
*Expected PriceExpected Launch Sep 2023
eKUV100
₹9.00 - ₹12.50 lakh*
*Expected PriceExpected Launch Sep 2023
Next Gen
XUV500
₹13.00 - ₹18.00 lakh*
*Expected PriceExpected Launch Dec 2023
Thar 5
Door
₹14.98 - ₹16.99 lakh*
*Expected PriceExpected Launch Feb 2024
XUV700 6
Seater
₹12.60 - ₹18.00 lakh*
*Expected PriceExpected Launch Mar 2024
All New
Bolero
₹10.00 - ₹12.50 lakh*
*Expected PriceExpected Launch Mar 2024
XUV e8
₹45.00 - ₹50.00 lakh*
*Expected PriceExpected Launch Dec 2024
XUV e9
₹45.00 - ₹50.00 lakh*
*Expected PriceExpected Launch Apr 2025
BE 05
₹45.00 - ₹50.00 lakh*
*Expected PriceExpected Launch Oct 2025
S204
₹12.00 - ₹16.00 lakh*
*Expected PriceExpected Launch Dec 2025
BE RALL
E Concept
₹45.00 - ₹50.00 lakh*
*Expected PriceExpected Launch Mar 2026
BE 07
₹45.00 - ₹50.00 lakh*
*Expected PriceExpected Launch Oct 2026
BE 09
₹45.00 - ₹50.00 lakh*
*Expected PriceExpected Launch Dec 2026
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Bolero Important Links