Mahindra XUV500 heads to Latin America in September; Chile gets its first!
They say sooner or later your passion finds you. Sometime in late 2009, I started writing for IAB and ever since then it has been a roller coaster ride for me. An amazing experience that has taught me a lot, taken me to new places, driven some great cars and met some amazing people. When you don’t find me on IAB (very rarely), you will find me either at a coffee shop or an eatery or at the nearest gadget store.
Hope you enjoy IAB as much as we do!
After setting feet in Australia, South Africa, Kenya, Italy, Brazil, the XUV500 will head to Latin America in September.
It is no surprise that the first market will be Chile because during the time of its pan Indian launch, Mahindra had confirmed that the Chile market was a priority. The Indian SUV czar will start the exports of the XUV500 from its Chakan plant to Latin America by September 2013.
M&M is also exploring other markets such as select countries in Africa – Egypt, Algeria, Morocco, Tunisia, Ghana, Nigeria and other countries such as Russia, Spain, France, Greece, Serbia, Croatia, Hungary, Bulgaria, Macedonia and Slovakia.
The automaker has already developed the XUV500 in LHD avatar. A petrol variant along with an automatic version is being developed at Mahindra’s R&D facility. The company is also in the process of updating the XUV500 with a better braking package and an improved infotainment system.
To meet the domestic and export demand, the company is ramping up the production capacity at Chakan. Last June, the capacity was 4,000 units but right now it is 4,500 units per month.
Mahindra ended the 2012 year on a 2012 on a hugely successful note with three smash hit products – XUV500, Quanto and Rexton. In December 2012, M&M’s total sales of passenger vehicles stood at 22,761 units as against 19,341 units in December 2011, a 17.68% growth.