Mahindra XUV300 bookings cross 13,000 mark

MUMBAI: Mahindra & Mahindra, part of the USD 20.7 billion Mahindra Group, today announced that its recently launched Compact SUV, the XUV300 has received over 13,000 bookings. Launched on February 14, 2019, the XUV300 has entered the top 3 in the Compact SUV segment in its very first month.

Today Compact SUVs account for 40% of the SUV industry and is also the fastest growing segment over the last 5 years.

Commenting on the booking milestone, Veejay Ram Nakra, Chief of Sales & Marketing, Automotive Division, Mahindra & Mahindra said, " In a highly competitive segment such as the Compact SUV, we have received over 13,000 bookings and in the very first month itself, we have entered into the top 3. This is in-line with our objective of achieving 15 to 20% share of this segment and reaffirms the fact that the XUV300 proposition has resonated well with the customers. What is also encouraging is that over 75% of our bookings are for the top end variants of the XUV300.”