Carbike360 Weekly Wrap Up | Mahindra Price Hike, Exciting Launches and Unveils

Key Highlights:

• Over 2.2 lakh pending orders for popular models like Scorpio and Thar.
• Scorpio N up by ₹25,000, Thar by ₹14,000, and Bolero Neo by ₹10,000.
• New compact electric SUV launching globally and in India by early 2025.
• New hybrid variant with AWD and dual electric motor setup, orders open Q4 2024.
• Special Edition launched under ₹10 lakh, celebrating GEZA's first anniversary.

Welcome to the Carbike360 Weekly Wrap Up, your go-to source for the latest happenings in the automotive world. This week has been eventful, with significant updates from major players in the industry, spanning from SUV backlogs and price hikes to exciting new model unveilings and launches. Let's dive into the details.

Mahindra Bookings Piling Up for SUVs | 2.2 Lakhs Units Yet to Deliver

Mahindra has recently announced a substantial backlog of orders for its SUV lineup, amounting to over 2.2 lakh pending units. This backlog highlights Mahindra's dominant presence in the utility vehicle segment. Leading the charge is the ever-popular Scorpio and Scorpio N, with an impressive 86,000 units awaiting delivery. Following closely is the rugged Thar with 59,000 units on backorder. The XUV700, another favorite among SUV enthusiasts, has 16,000 open bookings, while the reliable Bolero range has 10,000 units pending.

Mahindra Scorpio N, Thar, and Bolero Neo Receive Significant Price Hike; Check New Prices

In response to rising demand and extended waiting periods, Mahindra has implemented a significant price hike for some of its popular SUVs, including the Scorpio N, Bolero Neo, and Thar. With the latest price revision, the Scorpio N has become dearer by up to ₹25,000. The Thar has also seen a price increase of up to ₹14,000, while the Bolero Neo's cost has risen by ₹10,000.

Kia EV3 Unveiled Globally: India Launch Expected in Early 2025

Kia has globally unveiled the EV3, a compact electric SUV (ESUV), marking its fourth electric vehicle release after the EV9, EV6, and EV5. The EV3 will be available in two trims: the standard version with a 58.3kWh battery pack and the long-range edition featuring an 81.4kWh battery pack, offering up to 600 km on the WLTP cycle. Following its initial launch in the home market, the EV3 will be introduced globally, with an anticipated entry into the Indian market in early 2025.

New Jeep Avenger 4xe Debuts With Hybrid Setup, AWD, and More; Check Details

Jeep has recently launched a new variant of its popular SUV, the Avenger, in the international market. The new Avenger 4xe comes equipped with a petrol unit combined with a dual electric motor setup and AWD configuration. Before this hybrid variant, the Avenger SUV was only available with either an all-electric powertrain or an internal combustion engine. The automaker has announced that the order window for the hybrid SUV will open in the fourth quarter of 2024. The hybrid SUV will be available in two variants: Overland and Upland.

Nissan Launches Magnite's Most Accessible & Premium Variant Under ₹10 Lakh; Check Details

Building on the success of the 2023 Magnite GEZA Special Edition, Nissan Motor India has introduced the Nissan Magnite GEZA CVT Special Edition at a starting price of ₹9.84 lakh. Driven by the overwhelming response to the 2023 GEZA Special Edition and extensive customer feedback, this variant has been launched to celebrate the first anniversary of the GEZA Special Edition.

2024 BMW S 1000 XR Launched in India at ₹22.50 Lakh | Check Specifications and Features

BMW Motorrad has reintroduced the 2024 S 1000 XR to the Indian market, pricing the sport tourer at ₹22.50 lakh (ex-showroom). This marks a ₹40,000 increase from its previous price. The new model comes with several aesthetic upgrades and improved features. An optional M package is available, featuring the Light White/M Motorsport paint scheme, M Sport seat, M lightweight battery, M forged wheels, M Endurance chain, M GPS-Laptrigger, tinted windscreen, black fuel filler cap, and a sports silencer. This package is priced at an additional ₹2.50 lakh.

As we wrap up this week's edition, it's clear that the automotive landscape is buzzing with activity, from new model launches to strategic price adjustments. Stay tuned to Carbike360 for the latest updates and insights into the world of automobiles. Until next week, drive safe and stay informed!