The price announcement is slated for May 22, with deliveries to follow soon after.

For the first time in recent history, Mahindra outpaced both Hyundai Motor India and Tata Motors to emerge as the second-highest PV seller in the country.

Passenger vehicles (PV) remained largely resilient, with a 1.3 per cent YoY growth.

Piastri's fourth win of the season extends his championship lead to 26 points over teammate Norris, with Russell taking third for Mercedes.

While the official announcement is yet to be made, the Mahindra XUV700 website indicates that production of all 5-seater variants—ranging from the entry-level MX to the mid-range AX5—is phased out.

Electric vehicles priced above ₹25 lakh—previously exempt from road tax—will now be taxed at a 10% lifetime rate.

These tariffs, aimed at protecting domestic manufacturing, have added significant costs to overseas automakers selling in the American market.

While the teaser video do not reveal the name there are design cues that can be traced back to the Nissan Patrol.

The rest of the adventure motorcycle remains the same.

The Bengaluru-based marque claimed that the alleged transaction was a routine transaction involving ESOP, and not an open trade.