M&M launches XUV 500 variant as competition Rises In India Rupees Price

Mahindra & Mahindra Limited (M & M) has introduced a major version of its major sports utility vehicle XUV 500, in which the vehicle was aimed at achieving 25% monthly sales growth, which was first unveiled in 2011.

A new version, called the Plush New XUV500, has been unveiled on the starting price of 12.32 million (for ex-showroom Mumbai, W5 version).

M&M launches XUV 500 variant as competition Rises In India Rupees Price

So far, more than 2,32,000 XUV 500s have been sold in seven years. Currently, Mahindra sells about 2,000 XUVs per month and after the beginning of the latest version, the number will increase by 25%, automotive sector chairman Rajan Wadhra, M & M he said.

"The price of premium SUV segment in the XUV 500 India is made in the range of Rs. 12 to Rs. 18 lakhs and it will be the leading runner in this field in terms of establishing new trends and furthering new boundaries." said

"Today, with the introduction of The Plush New XUV 500, we have strengthened its value proposition by making new standards in luxury and style," he said.

He said that the vehicle which comes with the bold new design is designed to meet the customer's growing aspirations for the best premium and superb products in a more luxurious interior, a powerful engine, and class hi-tech facilities.

The highest price for an automated version is 18.98 lakh (ex-showroom Mumbai).

M&M launches XUV 500 variant as competition Rises In India Rupees Price

Automaker Mahindra & Mahindra has prepared a fresh version of its premium sports utility vehicle (UV) XUV500 because it wants to face challenges from new segment rivals like Jeep Compass, Hyundai car and Tata Hexa.

This move also regains its status as the largest UV maker in the country, which was lost by Maruti Suzuki a few years ago. In FY18, the country's largest passenger car manufacturer led a wide margin to the UV segment on Mahindra.

The new Fresh XUV comes with five diesel forms and a petrol model. The price of diesel model is Rs 12.32 lakhs, while the cost of petrol is Rs 15.43 lakhs.

Launched in 2011, Mahindra brought a new look for mid-sized SUVs in 2015.

UV sales increased by 20.97 percent to 921, 780 units, which was 761,998 units in FY17. According to SIAM data, in the financial year 2014, UV sales were 28 percent of total PV sales, which was 25 percent in the previous financial year.

According to the figures, Mahindra's PV sales increased 5.4 percent compared to last year, which is 24 percent higher than last year.

Title :- M&M launches XUV 500 variant as competition Rises In India Rupees Price

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