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Mahindra Hikes XUV500 Prices By Rs.55,000
The quantum of approximate ex-showroom price increase for the respective models of the XUV500is as follows:
- XUV500W6 base variant - Rs 30,000/-
- XUV500W8 (2-WD) variant - Rs 50,000/-
- XUV500W8 (4-WD) variant - Rs 55,000/-
(All prices are ex-showroom Delhi)
However, as a special case, for all the current bookings, for which delivery has not been made and inspite of the terms of price applicable at the time of delivery, the increase would only be 50% of the actual price increase proposed as above.
The production for the XUV500 is as per schedule and the company is also in the process of further ramping up production at its plant in Chakan which will enable it to re-open bookings in January 2012.
The XUV has received a tremendous response from customers and reviewers alike. It has been announced as the 'Car of the Year" and 'SUV of the year" by ET – Zigwheels. It has received laurels like the 'SUV of the Year" and 'Readers Choice Award" from Top Gear Magazine Awards 2011. CNBC TV18–Overdrive Awards 2012 have bestowed upon it honor of the 'SUV of the Year" and 'Viewers Choice Car of the Year Award". NDTV Car & Bike Awards 2012 added another feather in its cap by awarding it the 'SUV of the Year" too.
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