Latest Car News in India

Tuesday, October 09, 2012

By Manoj Kumawat

Mahindra XUV 500: 14K people still waiting to own the 'Cheetha'

Mahindra XUV 500, one of the most successful Sports Utility Vehicles in the Indian market, has completed its 1 year in the Indian market. Since its launch in the country in October 2011, XUV 500 has been enjoying runaway success with waiting period shooting upwards. So far, within a short period of one year, the company has managed to deliver a total of 35,000 units of this SUV along with 14,000 booking orders are still pending.

After receiving a staggering response from the Indian buyers, the company is now looking forward to try their luck in the other global market by launching the XUV 500 there. The company already started exporting the XUV500 to a number of foreign markets including South Africa, Australia and Italy.

Mahindra XUV 500 Pictures

See More Mahindra XUV 500 Photos Get Mahindra XUV 500 Price

The Initial response for this model is overwhelming for XUV 500 in these countries with company selling 100 to 1500 units in South Africa per month. While initial sales targets for this model have been set to up to 500 units per month in these markets, it will be revised to up to 1200 units per month in the coming years. However, for the international markets, a number of modifications have been made in the Indian version, so that it can be made compatible with the safety and pollution norms of these foreign markets.


Mahindra XUV 500 Pictures

See More Mahindra XUV 500 Photos Get Mahindra XUV 500 Price

In the starting of this year, the company had raised the production capacity of XUV500 to 4000 units as compared to 3000 units earlier. The production will now again increased to 5000 units in the second phase of capacity expansion. The XUV500 has been one of the most successful creations of Mahindra & Mahindra in the Indian market. The vehicle is giving a very tough competition to the vehicles of its segment like Tata safari, but also to the likes of Toyota Fortuner, which is priced almost double as compared to XUV500.

Comments (2)

Hanuman Gupta

Thursday, October 11, 2012

Mahindra XUV 500 will break the record of Mahindra Scorpio.


Tuesday, October 16, 2012

Mahindra & Mahindra is a King of SUV Cars in Indian Auto Market..

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