On 08 October, which is the second day, the company again received over 25,000 bookings for the new Mahindra XUV700, opening the booking window within just two hours, thus crossing the 50,000 booking milestone in just two days.
New Mahindra XUV700 It has largely been a smashing success for the automaker. The bookings for the new SUV were first opened on 07 October and in just 57 minutes the company had received 25,000 bookings for 2021. Mahindra XUV700. Now on 08 October, which is the second day, the company again received over 25,000 bookings, opening the booking window within just two hours, thus crossing the 50,000 booking milestone in just two days. And this second batch of bookings came despite Mahindra increasing the price by an average of ₹ 50,000 for the new XUV700. Not to put this in perspective, the ex-showroom price of these 50,000 units will add ₹10,000 crore to Mahindra’s revenue from sales.
Booking for the second round of 25 thousand cars has started from today. These too were blown up in a jiffy. Altogether, 50 thousand are spoken for the XUV700, which is valued at around 10,000 crores. The enthusiasm of the customers is staggering and as I said yesterday, we respect the responsibility it puts on us ???????? https://t.co/4xAYp3QlME
— anand mahindra (@anandmahindra) 8 October 2021
Mahindra had already said at the time of launch that the initial prices were applicable for the first 25,000 bookings and the prices have been increased by Rs 50,000. The new Mahindra XUV700 is offered in two trim options – MX and AX, and the former is offered with a manual transmission only. The AX series in-turn comes in three variants – AX3, AX5 and AX7. All three get petrol and diesel engine options, and are offered in both manual and automatic transmission options. Post the launch, Mahindra also added two additional higher spec variants – AX7 Luxury MT priced at ₹19.99 Lakh, while the new top-end AX7 Luxury AT AWD trim costs ₹22.89 Lakh.
Mahindra XUV700 petrol is powered by a 2.0-litre, four-cylinder mStallion turbocharged petrol engine that makes 197 bhp and 380 Nm of peak torque. The engine comes mated to either a six-speed manual or a six-speed automatic torque converter gearbox. The Mahindra XUV700 diesel is powered by a 2.2-litre, four-cylinder mHawk oil burner that is offered in three states. In the base MX variant, it has been tuned to generate 153 bhp and 360 Nm and gets a six-speed manual gearbox as standard. In the AX variant, it offers 182 bhp, and while the six-speed manual one develops 420 Nm of peak torque, the six-speed automatic one provides 450 Nm of torque converter.