Click it and Unblock the Notifications
Mahindra KUV 100 Sales Crosses 50,000 Units Since January 2016
Mahindra has stated that the company has sold over 50,000 units of KUV 100 since its launch in January 2016. The compact SUV has been a profitable product for the company.
Mahindra & Mahindra's compact SUV in the country, the KUV 100 has achieved a new milestone. The compact SUV has recorded a sales figure of over 50,000 units since its launch in January 2016.
Mahindra & Mahindra in a statement said that the company had sold 50,288 units till date since its inception. Launched in a highly competitive segment in the country, the compact SUV has been a profitable product for the Indian automaker.
M&M President, Automotive Sector, Rajan Wadhera said, "We would like to thank our customers for their support in achieving this milestone for the KUV100."
He added, "The KUV100 has created an all-new SUV segment in the price range of Rs 4.5 lakh to Rs 7 lakh." Wadhera stated that the KUV 100 combines the looks of an SUV and practicality of a compact car.
He further said, "The recent introduction of the new look dual tone KUV100 has also resonated well with our customers and going forward, I am sure that the KUV100 will continue to scale new heights."
In the recent times, the trend in the Indian automobile market has shifted towards the utility vehicles. The demand for SUVs is a lot higher compared to the conventional cars.
The best-selling models in the SUV segment in India include Maruti Suzuki Vitara Brezza, Hyundai Creta and Renault Duster. Several Mahindra SUVs such as Scorpio, TUV 100 and KUV 100 are also among the best-selling vehicles.
{promotion-urls}
Continue with Google