Mahindra to Re-open XUV500 Bookings From June 8

Indian auto major Mahindra & Mahindra (M&M) will re-open bookings for its model XUV500 from June 8, 2012. Delivery of XUV500 may take around nine months. The company has increased output of the sports utility vehicle to 4,000 units a month.

The XUV500 will be made available across India, including the existing 19 cities where it had been launched earlier.

M&M had been producing about 3,000 units a month of the XUV500 at its Chakan facility in Pune earlier and plans to ultimately take it to a monthly output of 5,000 units.

After launching the vehicle on September 29, 2011, the company had temporarily suspended new bookings in October as four months production of over 8,000 units was sold out within just 10 days. The vehicle was available only in five cities of Mumbai, Delhi, Bangalore, Chennai, and Pune then.

In the second phase, M&M re-opened bookings for a limited period of 10 days from January 25 this year in 19 cities in India and had received over 25,000 applications but only 7,200 were selected through a lottery.

The XUV500 is currently priced between Rs 11.58 lakh and Rs 14.11 lakh (ex-showroom Delhi).