Posted Tue, 02/14/2012 - 00:35 by admin
The Mahindra XUV 500 certainly received an awesome response when it was first launched by Mahindra and Mahindra in 2011. Since the time of its launch, the demand for this SUV is soaring high and to cope up with this, Mahindra and Mahindra will rev up the production of the SUV by March this year. according to the senior vice president of marketing in M&M India, Mr. Vivek Nayer, the firm is gearing up to amplify the production of Mahindra XUV 500 to a whopping figure of 3000 units per month that is extremely fantabulous. The idea of pepping up the production of XUV500 SUV at its Nasik manufacturing unit came up after the overwhelming booking of more than 25000 units that was registered in the second phase. During the first one, the company managed to fetch about over 8000 units of bookings for XUV 500. Amplification of the production of Mahindra XUV 500 will certainly cut down the awful waiting period of 3 to 5 months. currently, the Mahindra XUV 500 price is as competitive as Rs. 11,11000.
M&M is certainly in great phase of late. The company recently launched the upgraded and enhanced version of its MPV, Mahindra Xylo, which is priced Rs. 15000 more than the previous model. The new Xylo has been designed and developed at a project that has an investment of a jaw-dropping Rs. 50 crore. The top end variant of the brand new Mahindra Xylo is powered with the strong and strappy mHawk engine and this MPV comes in 5 variants. Mahindra and Mahindra has worked hard on the new Xylo and has bestowed it with improved interiors, exteriors and high class technology. According to the statistics of the M&M, the company possesses about 27% of the market share in MPV section of the Indian car market. with the launch of new Mahindra Xylo in the Indian car bazaar along with news of amplifying the production of Mahindra XUV 500, the firm is surely doing its best now and is at its peak!