Mahindra to reopen XUV500 bookings from next month


Auto major Mahindra & Mahindra today said it would reopen bookings of its latest sports utility vehicle XUV500 from January 2012.

The company had stopped taking new orders from customers since October 11 after it received over 8,000 bookings of the vehicle within just 10 days of launch.

In a statement the company said it is in the process of ramping up the production of the SUV, but did not share further details as "it would reopen bookings of its XUV500 in January 2012".

The production for the XUV500 is as per schedule and the company is also in the process of ramping up production at its plant in Chakan, which will enable it to reopen bookings next month, it added.

M&M further said it had sold out four months' production of the XUV500 and expects to complete the deliveries by January 2012.

The company had launched the SUV on September 29 with prices ranging between Rs 10.8 lakh and Rs 11.95 lakh (ex-showroom, Delhi). The bookings began on October 1.

The vehicle, which was designed and developed by the company's Chennai-based research team, has also been launched in South Africa.

Powered by a 2.2-litre diesel engine, the XUV500 has a six-speed transmission and is also available in a four-wheel drive variant.