43.90 (1.42%) Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, has launched an entry level version of its popular SUV, XUV500 priced at Rs 10.95 lakh (ex-showroom, Delhi). The new variant, W4 is powered by a 2.2 litre diesel engine delivering power of 140 bhp, with a 6-speed transmission. In addition to the Cheetah-inspired design, it boasts of a range of technology, safety and comfort features.
The existing XUV500 is available at a price range of Rs 12 lakh to Rs 14.64 lakh (ex-showroom Delhi). With over 74,000 vehicles on the road within two years of launch, the XUV500 is one of the company’s most successful launches.
Mahindra & Mahindra is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.