Monday, October 01, 2012
By Manoj Kumawat
Mahindra registers record sales, all credit goes to XUV 500 and Verito
It is boom time for utility vehicles maker Mahindra as it has received unprecedented sales in September this year compared to same month last year following the never before sales of its passenger cars including new Mahindra Xylo, Mahindra XUV 500 and the newly launched Mahindra Verito. It is believed that the Maruti outage phase of the Maruti Swift Dzire has greatly helped improve Verito sales and it is at this time that the car maker has launched the new version of its only sedan. In all, Mahindra sold 48342 units compared to only 44137 units it sold in September last year. Meanwhile, where it is a time to cheer for Mahindra it could be big worry for car buyers as the car maker could announce a price rise in the recent future. The increase in Mahindra car prices could be up to 1.5 percent.
|See More Mahindra XUV 500 Photos||Get Mahindra XUV 500 Price|
The announcement of the price rise will be made in a few days. Meanwhile, the Mahindra Quanto that has been launched to cater to the hatchback as well as multi utility segment is doing good to the car maker and has bagged huge response from car buyers. The car maker has set a target to produce 2500 cars in October and it has received these many bookings already, said sources. Another car that is selling like hotcakes is the Mahindra XUV 500. This SUV has not only improved the domestic figures but has also added to the exports. In all, the domestic passenger sales grew by 22 percent.
|See More Mahindra Verito Photos||Get Mahindra Verito Price|
Two factors have really given boost to the sales of Mahindra cars in India in September and these are fabulous offerings and the next is the increase in diesel prices. The increase in diesel prices has at least given a pause to all the anticipations of the special tax on diesel cars. Another factor that has helped the car maker get huge numbers is the lowering of the lending rates and the consequent fair impact on loan interest rates.