Mahindra XUV700 order backlog halved in just one quarter
At its latest quarterly earnings call, Mahindra announced that it has about 16,000 pending orders of the XUV700 SUV. That’s a significant reduction from 35,000 pending orders of the XUV700 that Mahindra reported last quarter. The company receives about 8,000 bookings on average per month for the XUV700.