Indian auto industry is slowly recovering from the COVID-19 pandemic, as automakers have started reporting positive sales growth. While Maruti & Hyundai recorded a negative sales growth, Tata Motors and Mahindra have posted massive positive sales growth.
While Tata Motors currently holds the position of third-largest carmaker with 12.14% market share, Mahindra grabbed 4th position with 7.40% market share. Mahindra sales in March 2022 stood at 27,386 units that’s an YOY growth of 65%. Mahindra sold 6,924 units, 6,061 units and 6,040 units of the Bolero, Scorpio and the XUV700 respectively. Also See – Top 10 Car Companies In FY21-22
The new Mahindra XUV700 has also become the best-selling model in its segment. The SUV is offered in 5 and 7-seat options. It manages to beat Tata’s two popular mid-sized SUVs – the Harrier and the Safari. Tata Motors sold 2,491 units of the Harrier and 2,227 units of the Safari SUV in March 2022. The combined sales of the Harrier & Safari is 4,718 units, while Mahindra sold 6,040 units of the XUV700.
Mahindra XUV700 Details
The XUV700 has received an overwhelming response from buyers, as it record over 1 lakh bookings in the market. The SUV currently commands a waiting period over 1 year.
The new Mahindra XUV700 is offered with two engine options – a 2.2-litre 4-cylinder turbocharged diesel and a 2.0-litre 4-cylinder turbo petrol. The petrol engine produces 200bhp and 380Nm of torque, while the diesel engine offers two states of tunes – 155bhp/360Nm for MX trim and 185bhp/420Nm (450NM with AT) with AdrenoX AX trim. Transmission choices include a 6-speed manual and a 6-speed torque convertor automatic. The diesel engine offers 4 driving modes – Zip, Zap, Zoom and Custom.