Mahindra received around 25,000 bookings in the first eight months of its launch, & around 7,200 vehicles have been delivered so far. The SUV maker ramped up its production capacity in a phased manner to reach 3,000 units in January 2012. In order to cater to the growing demands, the company now plans to ramp up the number to 4,000 units per month.
Commenting on the occasion, Pravin Shah, CEO, Automotive Division, M&M said, “It has been an incredible journey so far for the XUV500 & we are pleased to take the product national. Now that we have ramped up our production capacity significantly, we are confident that we will be able to take care of the growing all India demand for the XUV500.”
Once bookings resume, the SUV can be booked for Rs 40,000 50,000, with the deliveries taking from a month to four months’ time.