The company has been the second-largest SUV maker for the last five quarters in a row and the number one in revenues over the last many quarters
As Maruti Suzuki gains market share leadership, Veejay Nakra tells Moneycontrol that M&M's immediate priority is ramping up output of bestselling models, working on new products and variants, and expediting delivery of waitlisted models.
Production takes a 15-17% hit. The next wave of capacity increase will come 6-7 months later. That’s when M&M hopes to see the number of open bookings come down.
Last week, a video of a Scorpio-N model leaking when parked under a waterfall had gone viral online.
Anand Mahindra had received the keys to his company’s latest SUV, the Scorpio-N on Friday and had shared a photo of the SUV, adding in a follow-up tweet that he could “not wait” to drive it.
“Thank you all for the flood of suggestions for the nickname of my new Scorpio-N. I’ve shortlisted two. Here’s the final shoot-out between them. Need your verdict,” Anand Mahindra tweeted.
It’s a big day for Anand Mahindra today as the industrialist received the keys to his company’s latest SUV, the Scorpio-N.
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Anand Mahindra reassures customers who were unable to book a Scorpio-N even within seconds of the bookings being declared open due to the glitch which made them miss the introductory offer.
Mahindra’s all-new ScorpioN marks a massive evolutionary leap for the Scorpio brand
The product will compete with the Hyundai Creta, Kia Seltos, Volkswagen Taigun, and other SUV brands. The company is also looking to attract prospective buyers of premium SUVs like the Toyota Fortuner, Jeep Meridian and MG Gloster.