Mahindra XUV700 order backlog halved in just one quarter

XUV700 waiting periods have reduced significantly as a result of the reduced order backlog.

Published on May 17, 2024 08:00:00 AM

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At its latest quarterly earnings call, Mahindra announced that it has about 16,000 pending orders of the XUV700 SUV; it has halved its backlog when compared to the last quarter. The company, on average, receives about 8,000 bookings per month for the XUV700.

  1. XUV700 waiting period ranges between 1-5 months
  2. Gets monthly average bookings of 8,000 units

Mahindra has largely sorted out the issue of unusually long waiting periods that plagued the XUV700 for a very long time. Nearly all variants can be delivered in just a months’ time, with the top-spec AX7 L trim having a waiting period of just one and half months. At its peak, certain variants had their waiting period extending to well over a year.

Also see: Mahindra Bolero, Bolero Neo order backlog continues at 10,000 units

Mahindra is understood to be manufacturing around 8,000 units a month, so demand and supply are at par. Some of Mahindra’s other popular SUVs such as the Thar and Scorpio N, have much larger order backlog and wait times.

Also see: Mahindra XUV 3XO deliveries start May 26

The XUV700 is offered with a 2.0-litre turbo-petrol engine producing 200hp and 380Nm of torque, along with a 2.2-litre turbo-diesel engine in two states of tune: 155hp and 360Nm in the entry-level variants, and 185hp and 420Nm (450Nm with AT) on the higher-spec variants. Both engines are available with a 6-speed manual or a 6-speed automatic gearbox, the diesel engine gets an all-wheel drive option, and the SUV can be had with either 5-, 6- or 7-seater configurations.

The Mahindra XUV700 is priced from Rs 13.99 lakh-26.99 lakh (ex-showroom), and rivals the Tata Harrier and Safari, the MG Hector and Hector Plus, the Hyundai Alcazar, and the Jeep Compass.

Also see:

Mahindra XUV 3XO vs rivals: specifications compared

Mahindra XUV 3XO vs rivals: Fuel efficiency comparison

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