Thursday, 24 January 2013

Mahindra XUV 5OO sales crosses 50,000 in just 16 months




Within just 16 months, Mahnindra has achieved 50,000 units sales for their Cheetah inspired, XUV500 SUV, which was first launched in India back in Sep 2011, with an introductory price tag of Rs 10.8 lakhs.

The success of XUV500 was proved within the first 10 days, when the company revealed that they have received 8,000 bookings. The demand was such that Mahindra resorted to open booking slots of 10 days for Mahindra XUV500. By the time, the booking window opened again in Jan 2012, Mahindra received over 25,000 booking requests. As they could allot only 7,200 XUV500′s, they selected the names via lucky draw and revealed the names of lucky winners online.

The year 2012 has been one of the best one's so far for Mahindra wherein the carmaker achieved 30% growth where other carmakers struggled for growth. The credit goes to portfolio of all cars from M&M and not to single car. The Scorpio in year 2011-12 also registered 50,000 mark and this time its XUV 5OO.

Click here to view more Cheetah inspired Images of XUV 5OO.

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