Tata vs Mahindra: Who Is Actually Selling More in 2026?
Tata Motors against Mahindra on Vahan registrations — September 2026 standings, the month-by-month record, and whether the gap is opening or closing.
Where the race stands
In September 2026, Mahindra registered 57,149 cars against Tata Motors on 56,355 — a gap of 794 units, 1% clear.
Every figure here counts cars and UVs only, from Vahan's own vehicle-class filter: nothing else either company registers is mixed in; taxis are a class of their own and are not included.
Vahan files electric models under a maker of their own, so Tata Motors (EV) is counted with Tata Motors and Mahindra Electric Automobile is counted with Mahindra.
From January to September 2026, Tata Motors has registered 5,37,098 units (+37.0% year on year) and Mahindra 5,14,895 (+26.4%). Tata Motors is ahead by 22,203 units on the year.
The gap has been closing — it is 45% smaller than it was six months ago.
Over the 33 months in our record, Tata Motors has finished ahead 24 times and Mahindra 9 times.
Tata Motors vs Mahindra — monthly registrations
Every month from January 2024 to September 2026, plus October so far (dashed)
Registrations per month, the gap between them, and who took the month.
| Month | Tata Motors | Mahindra | Gap | Winner |
|---|---|---|---|---|
| Sep 2026 | 56,355 | 57,149 | 794 | Mahindra |
| Aug 2026 | 57,371 | 51,104 | 6,267 | Tata Motors |
| Jul 2026 | 57,733 | 56,397 | 1,336 | Tata Motors |
| Jun 2026 | 56,478 | 54,763 | 1,715 | Tata Motors |
| May 2026 | 55,291 | 52,010 | 3,281 | Tata Motors |
| Apr 2026 | 58,908 | 57,454 | 1,454 | Tata Motors |
| Mar 2026 | 68,367 | 65,112 | 3,255 | Tata Motors |
| Feb 2026 | 58,733 | 55,608 | 3,125 | Tata Motors |
| Jan 2026 | 67,862 | 65,298 | 2,564 | Tata Motors |
| Dec 2025 | 55,116 | 49,383 | 5,733 | Tata Motors |
| Nov 2025 | 56,431 | 56,810 | 379 | Mahindra |
| Oct 2025 | 78,735 | 71,019 | 7,716 | Tata Motors |
| Sep 2025 | 43,357 | 39,304 | 4,053 | Tata Motors |
| Aug 2025 | 39,681 | 44,341 | 4,660 | Mahindra |
| Jul 2025 | 41,077 | 42,685 | 1,608 | Mahindra |
| Jun 2025 | 36,126 | 42,277 | 6,151 | Mahindra |
| May 2025 | 38,428 | 45,370 | 6,942 | Mahindra |
| Apr 2025 | 46,058 | 50,384 | 4,326 | Mahindra |
Registrations inside cars and UVs only (Vahan vehicle-class filter).
Frequently asked questions
Who sells more, Tata Motors or Mahindra?
How many cars did Tata Motors sell in September 2026?
How many cars did Mahindra sell in September 2026?
What data is this comparison based on?
More from the reports desk
Source. Every figure is a vehicle registration, taken daily from the Ministry of Road Transport & Highways' Vahan 4 dashboard (vahan.parivahan.gov.in) — the same source FADA and the industry use for retail data. Registrations are not the wholesale dispatch numbers manufacturers announce each month. "EV" means battery electric (Vahan fuels PURE EV and ELECTRIC(BOV)); hybrids are counted separately. Information only, not investment advice.
Using these numbers? Cite "Flash Finance (Vahan data)" with a link to this page. This report's chart card is free to republish with the same credit.
