November 29, 2021

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M&M to begin deliveries of XUV700 from Oct-end

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Mahindra XUV700

New Delhi: Mahindra & Mahindra (M&M) on Wednesday said the deliveries of its recently-launched XUV700 would begin from this month-end. The deliveries of petrol variants will start from October 30 while that of diesel trims from the last week of November.

The auto major also said that the delivery timelines will be communicated to customers by their respective dealerships starting October 27, 2021, for both petrol and diesel variants. However, this date might change, depending on the prevailing global supply chain scenario.

As per the company, it has garnered 65,000 bookings for the XUV700 model in two weeks of commencing the process. It had opened bookings of the model on October 7.

With the beginning of the festive season customer demand and bookings for PVs have been positive, however the industry is weighed down by the persisting semiconductor shortage and disturbed production schedules.

Owing to the chip shortage, Mahindra reported a 12% decline in domestic sales for last month as against sales in September 2020.

The automaker said that it has partnered with one of the top-three global consulting companies to devise and implement an algorithm-based process for deliveries.

“The objective is to streamline the delivery process for customers, based on a combination of parameters which include, quantum of bookings at city and dealer level, ratio of online and bookings at dealer counters and variant-level production feasibility based on supply chain constraints,” said the company.

Bookings are currently open for all customers, through online and the nearest dealerships for which prices at the time of delivery will prevail, it said.

The new Mahindra XUV700 is part of the automaker’s plan to introduce 23 new vehicles in the country, including nine new SUVs by 2026.

The company is offering XUV700 in two variants, MX and AdrenoX (AX). It features diesel and gasoline engines paired with manual and automatic options and five- and seven-seater capacity, and also comes with an optional all-wheel-drive (AWD) spec trim.

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