- Mahindra has over 2.6 lakh pending orders in which 70% of them are for Scorpio SUVs and XUV700
- Scorpio N and Scorpio Classic alone has 1.2 lakh pending orders which indicates the very high demand of the SUVs
In Sport Utility Vehicles (SUVs) there’s no other brand close to Mahindra. This brand enjoys a cult following of its newly launched SUVs like Thar, XUV700 and Scorpio N. Massive pending orders of these models suggests the same. Mahindra has released its financial results for the Q3 2022 in which company has also disclosed pending orders for its SUVs. Mahindra pending orders stands at over 2.6 lakh models.
With pending orders of over 2.6 lakh models as on February 1 Mahindra saw a 60% growth for its SUVs in the last quarter. Due to huge pending orders one will also get long waiting period on Mahindra SUVs. Waiting period on Mahindra SUVs like Scorpio N and XUV700 touches two years. This is due to the excessive demand of both the SUVs.
Mahindra Scorpio Pending Orders – 1.2 Lakh
Out of 2.6 lakh models the pending orders of Mahindra Scorpio N and Scorpio Classic is 1.2 lakh. Excessive demand and pending orders of Scorpio N pushes its waiting period close to 65 weeks which is huge.
Highest demand on the Scorpio N is for Z4 variant which carries a maximum waiting period. On Z8 one will get a waiting period of around 24 to 26 weeks which is same as of the Scorpio Classic. If we talk about the Scorpio Classic then the waiting period here stands at 24 to 26 weeks for S and S11 variants.
Mahindra XUV700 Pending Bookings – 77,000
After Scorpio Classic and Scorpio N the highest pending bookings are for the Mahindra XUV700. The brand is yet to deliver 77,000 models of the SUV. At the time of launch XUV700 raised eyebrows with its waiting period touching 2 years. However now waiting period on the SUV stands at 24 to 26 weeks.
Mahindra Thar Pending Bookings – 37,000
After XUV700 new-gen Thar pending orders stands at 37,000 models. As the AWD version of the SUV wasn’t popular enough Mahindra went ahead to launch the RWD variant of the SUV which led to even more bookings and pending orders.
Mahindra XUV300/XUV400 Bookings Orders – 23,000
Mahindra XUV300 isn’t the best selling car in its segment but the launch of XUV400 changed the scenario. XUV400 is essentially an electric version of the XUV300 which rivals the Tata Nexon EV. For both SUVs Mahindra has 23,000 pending bookings in which around 15,000 of them are for the electric XUV400. Maximum waiting period on the XUV300 is around 28 weeks.
Mahindra Bolero and Bolero Neo Pending Bookings – 9,000
Least pending bookings in Mahindra’s portfolio is for the Bolero and Bolero Neo SUVs. Mahindra has around 9,000 bookings for both SUVs and waiting period on Bolero Neo is maximum 4 weeks which is normal. With time we expect that Mahindra order book will hopefully decrease that will pull down the waiting period of its popular SUVs.