Mahindra & Mahindra Ltd. (M&M) has announced the successful completion of one year of its cheetah-inspired XUV500 model, with 35,000+ vehicles on Indian roads. Launched in end-September 2011, the XUV500 was designed entirely in-house at Mahindra’s R&D centre at Chennai. The company has already ramped up its production capacity to 5,000 units per month to meet rising demand. The All Wheel Drive (AWD) model of the XUV500 is now also available for bookings. Speaking on the one year anniversary of the XUV500, Pravin Shah, Chief Executive, Automotive Division, Mahindra & Mahindra Ltd. noted, “We have been overwhelmed by the enthusiastic response from customers to the XUV500 that has led to impressive sales of 35,000+ in just one year. This is a benchmark for sales among high-end SUVs, for which we would like to thank our esteemed customers.” The XUV500 has had one of the most overwhelming responses to a new car launch in recent times and continues to have bookings of 14,000+ vehicles as of end September 2012. The XUV500enjoys a market share of 60pc in the high-end SUV segment. Having received a phenomenal response in India, and also in Australia and South Africa, the XUV500 is poised to make its mark in Europe & other international markets.
BMW Group India is accelerating its network expansion in the Delhi NCR region with the opening of Bird Automotive’s third showroom in Gurugram. Situated at Trilium Avenue, Sector 29, Gurugram Haryana,...
Following to the launch of the Tesla Center in Gurugram, Tesla has now announced the opening of its first Tesla charging station in Gurugram at DLF Horizon Center.
Dylect, one of India’s fastest-growing lifestyle tech brands, has announced the launch of Flow Prime, a powerful yet compact pressure washer designed to bring professional-grade cleaning into everyday...