Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
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M&M launches sports utility vehicle ‘XUV 500’ in Australia

Date: 16-06-2012

Automobile manufacturer, Mahindra & Mahindra (M&M) has launched its indigenously designed and developed sports utility vehicle (SUV) - ‘XUV 500’ in Australia. The company has priced ‘XUV 500’ at a very attractive price for the Australian market considering the comprehensive list of standard equipment.

XUV500 is the first global SUV from the company’s stable that has been completely designed and developed around the global customer, with extensive product validation and testing done across Europe, Australia, South Africa and India.

Last year, M&M had launched ‘XUV 500’ in India while simultaneous launching in South Africa. From then onwards, ‘XUV 500’ has received over 20 awards from the automotive fraternity in India which is a clear testimony to this global SUV’s appeal.

Mahindra & Mahindra is the flagship company of the Mahindra Group. The company’s core automotive and farm equipment businesses have grown into market leaders whose triple bottom line ethic is driving industry trends towards technological innovation, social responsibility, and constantly improving customer satisfaction.