autocar-logo
Delhi

M&M to ramp up XUV500 production

Next new model, an entry level SUV, will come by Diwali.
1 min read17 Feb '12
Staff WriterStaff Writer

The even stronger response to the XUV500 in the second phase of bookings has encouraged M&M to contemplate raising the XUV500’s monthly production capacity to 5,000 units per month.

The increased capacity should be installed by August and will entail an additional investment of around Rs 100 crore. The initial installed capacity for the XUV500 was 3,000 units a month but with the current level of demand, that's clearly not enough. M&M received over 25,000 bookings in the second booking window for the XUV500 across 19 cities.

Mahindra is also planning a new 'low-cost' SUV which the company hopes to launch by Diwali this year.

 

M&M doesn't rule-out SAAB buy-out

As part of its aggressive growth strategy, which includes acquisitions like SsangYong and Reva, Mahindra & Mahindra (M&M) could acquire an automobile company that may not be in the SUV space
1 min read17 Feb '12
Staff WriterStaff Writer

Honda resumes normal production

Honda Siel, the Indian-arm of Honda Motor Co resumed normal car production after witnessing lower output since November last year due to the Thailand floods that resulted a shortage in supply of compo...
1 min read17 Feb '12
Staff WriterStaff Writer

Porsche's baby-SUV to be called Macan

Porsche has revealed the name of new baby-SUV
1 min read16 Feb '12
Staff WriterStaff Writer

Updated Ferrari California coming

Ferrari will showcase an updated version of its California droptop at the upcoming Geneva Motor Show
2 min read16 Feb '12
Staff WriterStaff Writer

JLR sales up by 22 percent

Jaguar and Land Rover sales jumped 21
1 min read15 Feb '12
Staff WriterStaff Writer
M&M to ramp up XUV500 production - Introduction | Autocar India