Business News

Title: Mahindra Scorpio Achieves Remarkable Milestone: Rolls Off 9 Lakh Units Since Inception

The Entrepreneur Bytes Team June 29, 2023 61

Article: Mahindra Scorpio, one of the best-selling SUVs in India, has recently reached a significant milestone by rolling off 9 lakh units since its introduction in 2002. The popular SUV has garnered immense success in the Indian market, thanks to its ladder frame platform, exceptional off-road capabilities, practicality, massive road presence, and commanding seat ergonomics.

The journey to success for the Mahindra Scorpio began when the first-generation model was launched back in 2001. It was a challenging project for Mahindra to create a highly capable ladder frame SUV within a budget of under 600 crores. However, under the leadership of Mr. Pawan Goenka, the company successfully implemented its skills and brought the Scorpio to life within the allocated budget.

Recently, the SUV maker celebrated the production of its 900,000th Scorpio unit at its Chakan plant near Pune, Maharashtra, after 11 years. Currently, the Scorpio is available in two different generations: the Scorpio Classic and the recently launched Scorpio-N in 2022. The introduction of the Scorpio-N has contributed significantly to the year-on-year growth of the company’s sales for FY2023, with a remarkable increase of 99%.

In FY2023, Mahindra Scorpio achieved a total sales figure of 76,935 units, showcasing a substantial YoY growth of 99%. In the first two months of FY2024, the SUV maker sold an impressive 18,835 units of the Scorpio. Notably, in May 2023, the sales of the Scorpio played a vital role in the overall sales of the company, contributing to a remarkable YoY growth of 114.31%.

Looking back at the previous year, Mahindra initiated bookings for the Scorpio-N in July 2022, which resulted in a remarkable feat as it garnered 1 lakh bookings within just 30 minutes. Deliveries of the Scorpio-N began in September 2022, and the SUV quickly became the preferred choice among the audience.

The Mahindra Scorpio-N stands as a powerful SUV from the Indian automaker, built on a new ladder frame platform shared with the new Thar and upcoming Thar 5-door. With its muscular and robust silhouette, the Scorpio-N commands attention on the road and boasts a commendable 5-star safety rating. Highlighted features include alloys, LED headlights and taillights, a new grille, and a revamped steering wheel.

Comfort creature features in the Scorpio-N include a sunroof, roof-mounted speakers, auto AC, infotainment system, and an analog instrument cluster. Mechanically, the Scorpio-N offers two engine options: the 2.0L M-Stallion turbo petrol and the 2.2L M-hawk diesel engines. The former delivers 200 PS and 370-380 Nm of torque, while the latter generates 130-172 HP and 300-400 Nm of output. Customers can choose from 6-speed manual and automatic transmissions, as well as 4×2 and 4×4 drivetrain options. The price range for the Scorpio-N starts at Rs. 13.05 Lakhs and goes up to Rs. 24.52 Lakhs (Ex-showroom).

The Mahindra Scorpio’s remarkable achievement of rolling off 9 lakh units is a testament to its enduring popularity and customer satisfaction. With the introduction of the Scorpio-N and its exceptional sales performance, Mahindra continues to dominate the SUV segment in India, providing customers with a blend of ruggedness, versatility, and modern features.

Sources By Agencies