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Mahindra's cheetah-inspired XUV500 crosses 1 lac sales

| | Aug 01, 2014, at 04:21 am
Mumbai, July 31 (IBNS): SUV manufacturer Mahindra & Mahindra Ltd. (M&M), on Thursday announced that it has sold more than 1,00,000 units of its cheetah-inspired XUV500 in less than 3 years of its launch in India.
With this, the XUV500 has become the only Indian SUV above Rs. 10 lacs ex-showroom, to cross the 1,00,000 sales mark within just 34 months of its launch, claimed the company.
 
Launched in September 2011, the XUV500 was designed entirely in-house at Mahindra’s world class research and development facility, Mahindra Research Valley (MRV) in Chennai.
 
Speaking on the XUV500 milestone, Pravin Shah, Chief Executive, Automotive Division & International Operations (AFS), Mahindra & Mahindra Ltd. said “This is a proud moment for us, as our first global SUV, the XUV500 has reached a significant milestone of 1 lac sales in just 35 months of its launch. We would like to thank our customers for their support that has enabled the brand to grow from strength to strength. This achievement reaffirms the XUV500’s immense popularity as it rightfully claims the spot of being the only SUV, above Rs. 10 lac, to repeatedly establish new milestones -  be it the fastest to reach the 50,000 sales mark in January 2013 or the fastest to achieve the 1,00,000 sales mark now.”
 
In its journey towards this milestone, the XUV500, won some of the toughest rallies including the Indian National Rally Championship (INRC) and Dakshin Dare in India and also powered its way across 8 countries in the ASEAN-India Car Rally. It remains one of the most awarded Car/SUV brands in the country. It also topped the TNS Total Customer Satisfaction Study in 2012.
 
With its cheetah-inspired, clutter breaking styling, world class safety and best in class features, the XUV500 was an instant hit in the Indian automobile industry. 
 
 
 

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