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Mahindra's XUV700 sees soaring demand with 35,000 open bookings in February 2024, fueled by MY24 updates and constant innovations.
Mahindra & Mahindra, a leading automotive manufacturer, announced today that the open bookings for its flagship model, the XUV700, have reached an impressive 35,000 units in February 2024. This follows the recent surge in demand for the SUV, making it one of the most sought-after vehicles in the Indian market.
The brand currently faces the challenge of fulfilling a substantial waiting list, with over 2.26 lakh bookings pending across the country. Despite this, Mahindra continues to attract new customers, receiving an additional 50,000 fresh bookings each month. However, cancellations account for approximately 10 percent of these new orders.
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The Mahindra XUV700 maintains its popularity, with an average of 7,000 fresh bookings pouring in every month. This consistent demand underscores the SUV's appeal among Indian consumers.
Last month, the XUV700 received a Model Year 2024 (MY24) update, introducing a range of enhancements. The update includes a new color option, additional features, and a revamped captain seat layout for the second row. These improvements aim to elevate the driving experience and aesthetic appeal of the XUV700.
Adding to the excitement, Mahindra is set to introduce a new entry-level petrol automatic variant for the XUV700. Recent leaks suggest that this variant will bring further diversity to the model lineup, catering to different customer preferences. The company's commitment to innovation and responding to market demands solidifies its position in the competitive SUV segment.
Also Read: Suzuki Launches 5-Door Jimny at IIMS 2024: Top Variant Priced at IDR 478M (Rs. 25.4 Lakh)
As Mahindra strives to meet the surging demand and deliver on its outstanding bookings, the XUV700 remains a significant player in the Indian automotive landscape, setting new benchmarks in design, features, and overall performance.
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