Latest news with #XUV700
Mint
18 hours ago
- Automotive
- Mint
Mahindra continues to rake in profits as SUV sales surge
Mahindra and Mahindra Ltd registered a fourth consecutive quarter of more than a 20% jump in net profit, as the maker of Thar and Scorpio continued to see a surge in sales of sports utility vehicles (SUVs) despite a broader slowdown in demand for cars in India. The Mumbai-based automaker saw its profit surge by 24% to ₹ 4,376 crore, the company said in an exchange filing on Wednesday, as its pricier SUVs such as XUV700 logged better sales growth compared to the industry average and its closest rivals. Profit margins for the automobile business remained stable at around 10%, excluding the electric contract manufacturing business the firm does for its EV subsidiary. Thanks to a 22% jump in total passenger vehicle sales to 152,067 units in the first three months of the current fiscal year, Mahindra's revenue surged to ₹ 46,446 crore. The management highlighted during a call with media and analysts that its robust performance came despite the demand environment continuing to remain tough in urban areas. 'Fundamentals are in place in the market but the sentiments are hit. It should improve as the festive season begins,' Rajesh Jejurikar, executive director and chief executive officer (CEO) (auto and farm sector), Mahindra and Mahindra, said. But despite some weakness in the market, Jejurikar emphasised that the company will look to maintain mid-teen growth in SUV sales going forward. Jejurikar, who has led the company's auto and farm division for the past five years, successfully turned around the business, driving it to the second spot in the country's car market, behind Maruti, in the first quarter of the current financial year. Incidentally, his younger brother Shailesh Jejurikar was named the US-based consumer goods company Procter & Gamble's next chief executive on Tuesday. Anish Shah, Group CEO and managing director, M&M Ltd., said, 'Q1F26 has been an excellent quarter, with broad-based growth across all our businesses. The operating excellence in our auto and farm businesses is evident in continued market share gains and margin expansion.' Mahindra displaced Hyundai from the second place during the quarter, as the Korean giant logged a more than 11% decline in sales to 132,259 units. Hyundai, which reported its financials earlier in the day, marked a 8% decline in profit to ₹ 1,369 crore and also saw its revenue fall 5% to ₹ 16,628 crore. Shares of Mahindra settled 0.8% higher at ₹ 3,225 apiece on the NSE on Wednesday. So far this year, its stock has risen 5%, against a 3% increase in Nifty Auto index. With Mahindra's electric business also ramping up, the company expects to strengthen its SUV play. The company aims to dominate the revenue market share in the electric passenger vehicle segment, which was at 41% in the first quarter, far ahead of the second placed OEM at 25.9%. With domestic markets already firing on all cylinders, Jejurikar said during the results briefing that the focus will also be on boosting exports, which are starting to record some good numbers on the back of its SUVs finding traction, particularly in the African market. Exports during the first three months of the year saw a 36% jump to 7,125 units. While its auto segment continued its bull run, the largest tractor player of the country also saw growth in its farm business as tractor sales grew 10% to 132,964 units. With expectation of good monsoons and increasing market share, the management expects the growth to continue in this segment. Analysts remain bullish about the prospects of Mahindra, which has so far continued to beat domestic market slowdown blues. In the first quarter of the current financial year, the passenger vehicle market declined 1% to 1.01 million units. 'MM's recently unveiled XUV 3XO and Thar Roxx have received a healthy response. The company will continue to maintain a robust launch pipeline in the long run, targeting seven ICE SUVs (two mid-cycle enhancements), five BEVs, and five LCVs (two of which will be EVs) by 2030,' analysts at Motilal Oswal wrote in a 15 July note. 'Driven by a strong order backlog and new launches, we expect MM to continue outperforming industry growth in FY26,' they wrote. While the company is seeing a strong surge in sales, the management has highlighted that increasing commodity prices can have a bearing on the margins and prices going ahead.
News18
2 days ago
- Automotive
- News18
Mahindra XUV700 Sunroof Leaks After Heavy Rain In Viral Video
Last Updated: A Mahindra XUV700 owner shared a video showing rainwater leaking through the panoramic sunroof during heavy showers. Mahindra is one of the top SUV makers in India, and their XUV700 has gained a lot of popularity thanks to its modern features, including the panoramic sunroof. But while a sunroof adds style and excitement, it can sometimes cause trouble if not maintained properly. Recently, a video shared by Chandigarh News on Instagram shows a Mahindra XUV700 owner facing a big issue with his sunroof during heavy rains. The man, assumed to be from Chandigarh, can be seen sitting in the driver's seat with a towel on his lap, trying to soak up the water dripping from the roof. Water Leaking Inside the SUV The video shows rainwater leaking into the cabin through the roof-mounted speakers, which are placed near the panoramic sunroof. The man can be heard complaining about the car's quality, saying that while most cars are made to keep rainwater out, this one lets you 'enjoy the rain from inside." As per Cartoq, this isn't the first time something like this has happened. There have been other videos online showing similar leaks in vehicles with panoramic sunroofs, including the XUV700. Shared on July 23, the video has garnered over 1.5 million views so far. Why Does This Happen? Panoramic sunroofs are designed to be water-resistant, not completely waterproof. If you have noticed, there is a rubber lining (called beading) around the sunroof glass. Beneath that, there is a small drainage system, or channels and pipes that carry away any water that seeps in. However, if these drain pipes get blocked, usually by dust, dry leaves, or debris, the water has nowhere to go and starts leaking into the car's cabin, as per Cartoq. This is more common in cars parked outdoors or not regularly cleaned. How to Avoid This Problem Just like you service your car before the rainy season, it is important to get your sunroof inspected too. Make sure the drain pipes are clear and clean. A small bit of dirt or a single leaf can clog the system and cause leaks. Regular cleaning and maintenance can prevent this issue altogether. The Mahindra XUV700 comes with two engine options, one diesel and one petrol. The diesel engine is 2198 cc, while the petrol engine is 1999 cc. You can choose between a manual and an automatic transmission, depending on the variant. In terms of fuel efficiency, the XUV700 offers a mileage between 13 kmpl and 17 kmpl, depending on the fuel type and model. This SUV is designed to seat up to 7 people and runs on a 4-cylinder engine. As for its size, the XUV700 is 4695 mm long, 1890 mm wide, and has a wheelbase of 2750 mm, giving it a spacious and solid presence on the road. view comments Location : Delhi, India, India First Published: July 29, 2025, 10:26 IST News auto Mahindra XUV700 Sunroof Leaks After Heavy Rain In Viral Video Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
21-07-2025
- Automotive
- News18
Mahindra XUV700 Facelift Spied During Testing, What's New? Check Details
Last Updated: The company has not revealed an exact launch date as of yet. However, some reports suggested the brand might introduce the upcoming offering somewhere in 2026. After capturing the mass market with the giant SUV XUV700, Mahindra is all set to bring the updated avatar to the Indian market. A viral video of the test mule surfaced on the internet, revealing an overall look, significant updates and upcoming changes. The company has not revealed an exact launch date as of yet. However, some reports suggested the brand might introduce the upcoming offering somewhere in 2026. It is likely to become more expensive as compared to the current version, all thanks to new features, latest technology and enhancements. Take a look at video here The testing clip has been shared by Car News India. According to the post, the upcoming spied in heavy camouflage, flaunting big updates. The model is expected to come with a new set of alloy wheels, which makes it look more aggressive than ever. The front grille is also likely to get slight nip-and-tuck updates with unchanged side profile, featuring the same flush door handle and decent-sized cladding. Notable Updates When it comes to notable updates, the list includes an improved 12.3-inch triple display setup, inspired by the Mahindra XEV 9e, rear ventilated seats, an additional wireless phone charger, and improved seat cushioning, among others. Apart from this, the vehicle will remain equipped with trending features like wireless car connect technology, a panoramic sunroof, dual-zone auto climate control, a 12-speaker Sony sound system, a 6-way powered driver's seat with memory, and ventilated front seats. Engine Under the hood, the customers might not see any changes as the SUV might use the same powertrain as the current model. It is expected to be offered in both 2-litre turbo petrol and 2.2-litre diesel with front-wheel drive and an all-wheel drive system. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Hindustan Times
19-07-2025
- Automotive
- Hindustan Times
Watch: Mahindra XUV700 facelift spotted once again
The front of the XUV700 facelift will be all new. There would be a new headlamp setup in the front. (Instagram/carindianews) Check Offers Mahindra has begun development on a refreshed version of the XUV700, which originally debuted in August 2021. With competition in the segment intensifying, a mid-cycle update was expected. Recently, the facelifted model was spotted testing on Indian roads, giving a first look at the upcoming changes. 2026 Mahindra XUV700 Facelift: Design Updates Based on the spy shots, the XUV700 facelift will feature redesigned headlamps and updated LED daytime running lights. A reworked front grille and revised bumper also appear to be part of the visual changes. While the side profile seems largely unchanged, it's likely that Mahindra will introduce a new alloy wheel design. The rear end remains hidden in the latest sightings, but subtle updates such as a revised bumper and a new LED lightbar spanning the width of the SUV are anticipated. 2026 Mahindra XUV700 Facelift: New Features Expected The XUV700 already comes packed with features, but the facelifted version is likely to benefit from Mahindra's advancements in its Born Electric range. Expected additions include a self-parking function, a digital key, and a premium Harman Kardon audio system with Dolby Atmos. The cabin might also adopt a new dashboard layout inspired by the upcoming XUV.e9, enhancing its overall modern appeal. However, it remains uncertain whether the facelift will incorporate the third passenger screen, which has been seen on Mahindra's electric concepts. Also Read : Next-Gen Mahindra Bolero Neo spotted testing, India launch expected soon 2026 Mahindra XUV700 Facelift: Engine and Performance Mahindra is expected to retain the current engine options for the facelifted XUV700. This includes the 2.0-litre turbo-petrol engine, which generates 197 bhp at 5,000 rpm and 380 Nm of torque between 1,750 and 3,000 rpm. A noteworthy addition could be the inclusion of drive modes for the petrol variant, aimed at improving fuel efficiency. The 2.2-litre diesel engine will also continue, delivering 182 bhp at 3,500 rpm. Torque output stands at 420 Nm with the manual gearbox and 450 Nm with the automatic transmission. For the entry-level MX variant, the diesel engine is detuned to produce 152 bhp and 360 Nm of torque, paired only with a 6-speed manual gearbox. Overall, while the facelift won't bring major mechanical changes, it will refine the XUV700's design and technology to keep it competitive in the fast-evolving SUV market. Check out Upcoming Cars in India 2025, Best SUVs in India. First Published Date: 19 Jul 2025, 14:14 pm IST
NDTV
19-07-2025
- Automotive
- NDTV
Mahindra Scorpio N Pickup Truck Spied Testing: Watch Video
Mahindra & Mahindra is working on the development of multiple new products. The test mules of these products are being spotted on Indian roads. Until now, the automotive enthusiasts have spotted the facelift version of Thar, XUV700, BE Rall-e, and others. Extending the list further, the Scorpio N-based pickup truck has been spied testing in Maharashtra. Although it was covered in camouflage with headlights and taillights meant for trial, it still revealed quite a few details. The one in the video is the double-cab version of the pickup truck. Previous spy shots confirmed that the model will have two iterations: a single-cab and a double-cab version. This means that the brand will have various iterations of the vehicle to serve consumers with various needs. The one in this case is the double-cab version. It seems to have a new grille and a shark fin antenna. Based on the video, the Scorpio N pickup truck's double-cab version is equipped with basic steel wheels. Both models come with a roll bar that rises above the roof of the cabin, a feature likely designed for structural safety in rollover scenarios. At the back, the production test units appear to utilize halogen taillamps, which seem to have replaced the LED lights showcased in the original concept. These halogen lights resemble those found on the previous Scorpio Getaway. View this post on Instagram A post shared by Amarjeet Singh | Journalist (@autotubeindia) The previously revealed concept version boasted an impressive array of modern technologies, including Level 2 Advanced Driver Assistance Systems (ADAS), 5G connectivity, trailer sway control, several airbags, driver fatigue detection, and Mahindra's 4Xplore four-wheel-drive system. It remains to be seen how many of these features will be incorporated into the final production model. In terms of mechanics, the forthcoming pickup is anticipated to share its powertrain with current Mahindra SUVs. This likely means it will include a 2.0-litre turbocharged petrol engine and a 2.2-litre diesel engine. Expected transmission options are a 6-speed manual gearbox as standard, along with the choice of a 6-speed torque converter automatic.
