Mahindra & Mahindra Ltd. (M&M) has announced that the company’s XUV500 has achieved a feat of 1,50,000 unit sales including exports. The Cheetah inspired SUV has crossed the milestone in just four years after it was launched in September 2011.
The 100% indigenous vehicle was able to make use of the Mahindra’s world class research and development facility at Mahindra Research Valley (MRV) in Chennai. Since launch, the automobile has added new lustre to the specifications by giving elated performance and adopting world class safety features.
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Euphoric President (& Chief Executive) Mahindra & Mahindra Ltd, Pravin Shah said, “This is a proud moment for us as the XUV500 reaches this milestone. We would like to thank our customers for their support which has enabled the brand to grow from strength to strength. This achievement reaffirms the XUV500’s immense popularity as it continues to set new standards in its category.” He added, “Being a listening organization, we constantly incorporate consumer insights and feedback. With the launch of the New Age XUV500 in May 2015 we have further pushed the boundaries on the fronts of technology, capability and brand which has resonated well with our customers”.
The achievement comes at the backdrop of recent 5 lakh cumulative sales achieved by Mahindra Scorpio.