Report – Mahindra sells 100,000 units of XUV500 in 33 months

Posted on: Jul 31, 2014 - 10:25am IST

Since its launch on September 29, 2011, Mahindra has sold over 100,000 units of the XUV500, the company’s Chief Executive Officer for automotive division, Mr. Pravin Shah, told a newspaper. The 100,000th unit of the XUV500 was sold on Tuesday, about 33 months after the start of sales.

2014 Mahindra XUV500 Review
The XUV500 achieved the 100,000 sales milestone in 33 months.

The CEO said that this is the fastest sales for an SUV in the INR 10 – 20 lakhs segment. Previously, the company sold the 50,000th unit of the XUV500 in January 2013. Apart from domestic sales, the SUV is also sold in markets like South Africa, Europe, Chile, Peru, Paraguay, Australia and Sri Lanka.

In November last year, the company introduced an entry-level W4 variant priced at INR 10.95 lakhs, ex-Showroom, New Delhi. Last month, a special edition XUV500 Sportz was launched with a limited production run of only 1,000 units.

All variants of the SUV are powered by a 2.2-liter four-cylinder diesel engine making 140 bhp and 330 Nm of torque. A 6-speed manual gearbox sends the drive to the front wheels, or to all wheels in case of the AWD model.

Mr. Shah told the publication that a hybrid and an automatic transmission variant of the XUV500 would be launched in the future.

[Source – Hindu Business Line]

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3 thoughts on “Report – Mahindra sells 100,000 units of XUV500 in 33 months

  1. Deepak Chablani says:

    Clear indication of the typical Indian show off genes. Its design taking prominence over engineering. We don’t bother buying an unreliable poorly engineered vehicle if its well designed and strikes a pose when on the roads.

    No wonder VW, Toyota and the like, who are world beaters, struggles in India.

    Reply
  2. Madhav says:

    Congratulations M&M!
    Wish TML also got their pricing right for Aria… it would have been a success story for them like XuV…

    Reply
  3. Srinivas says:

    Mahindra RISE

    Reply

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Anjan
Anjan Ravi

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