The Scorpio N and Scorpio Classic account for highest variety of open bookings
Mahindra disclosed the model-wise tally of pending orders for May 2024 throughout a latest monetary report briefing. The complete backlog of orders presently stands at over 2.2 lakh models, together with fashions such because the Mahindra Scorpios, Thar, XUV700, and Bolero. Here is the listing of model-wise open bookings for Mahindra SUVs:
Model-wise Pending Orders
Mahindra Scorpio N and Scorpio Classic |
86,000 |
Mahindra Thar (together with RWD) |
59,000 |
Mahindra XUV 3XO |
50,000 |
Mahindra XUV700 |
16,000 |
Mahindra Bolero Neo and Bolero |
10,000 |
The Mahindra Scorpio N, Scorpio Classic, and Thar collectively account for greater than 65 p.c of the whole variety of pending orders, i.e., 1.45 lakh open bookings. The Scorpio N and Scorpio Classic obtain a median of 17,000 bookings per 30 days, whereas the Thar receives a median of seven,000 bookings per 30 days. Although the Bolero and Bolero Neo have the least variety of pending orders, their common month-to-month bookings stand at 9,500 models, which is the very best after the Scorpio siblings.
Mahindra witnessed a surge within the variety of bookings because of the newly launched XUV 3XO, garnering over 50,000 bookings inside simply an hour. The deliveries for the XUV 3XO are set to begin from May 26, 2024, after which the pending orders tally is anticipated to cut back.
Also Check Out: Mahindra XUV 3XO Garnered Over 50,000 Bookings in 1 Hour
Average Wait Time On Mahindra SUVs
XUV700 |
7 months |
Mahindra Scorpio N |
6 months |
Mahindra Thar |
4 months |
Mahindra XUV400 EV |
4 months |
Mahindra Scorpio Classic |
3 months |
Bolero |
3 months |
Bolero Neo |
3 months |
As seen within the desk, the Mahindra XUV700 is experiencing the very best common ready interval of as much as 7 months in high 20 cities in India. After the XUV700, the Scorpio N is witnessing the very best common ready interval of as much as 6 months.
Although the pending order tally for some Mahindra SUVs just like the Scorpio N, Scorpio Classic, Thar, and XUV700 has clearly come down in comparison with February 2024, it’s nonetheless extra 2 lakh models. The purpose for this may very well be gradual deliveries attributable to numerous elements, together with manufacturing and provide chain constraints. On common, Mahindra is presently receiving 48,000 new bookings each month, whereas its price of cancellation is 10 p.c in a month.
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