Mahindra averages around 48,000 new bookings per month, with the Thar being more popular than the XUV700
At the recent financial results meeting, Mahindra revealed that it has over 280,000 pending orders. The majority of these orders are for the Mahindra Scorpio N and Scorpio Classic SUVs.
Model-wise Pending Orders
Model |
Pending orders* |
Average bookings per month^ |
XUV300 and XUV400 |
11,000 |
6,000 |
Thar |
68,000 |
10,000 |
Bolero and Bolero Neo |
8,400 |
9,000 |
Scorpio N and Classic |
1,17,000 |
14,000 |
XUV700 |
77,000 |
8,000 |
^ – These figures are approximations by the brand
The number of pending orders for the XUV300 and XUV400 has decreased in recent months. The Scorpio N and Classic have the highest backlog, with nearly 117,000 pending units. These models have an average of 14,000 new bookings per month, making them the most popular among Mahindra customers.
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The average waiting period for the Scorpio N is currently over six months nationwide. It is a versatile SUV that can be used for daily commuting, highway cruising, and off-roading.
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The Thar and XUV700 are also in high demand. The rear-wheel-drive variants of the Thar are particularly popular due to their lower prices, but the waiting time for both models is around four to six months in many cities. Despite the long wait times, Mahindra’s cancellation rate remains below 8 percent per month, which is considered acceptable.
Mahindra hasn’t provided specific reasons for the increase in pending orders, but it is likely related to global socio-economic factors such as international conflicts, supply chain constraints, and chip shortages. The company plans to increase production capacity to fulfill the high demand.
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