The 'XUV500 Xclusive Edition', comes with various features including electric sunroof, reverse camera and voice messaging system.
Auto major Mahindra and Mahindra today said it was "cautiously optimistic" on total sales this fiscal even as it has clocked a growth rate of 21 per cent so far.
Vivek Nayer, Senior Vice President, Marketing, Automotive Division at M&M said they are happy to hold numbers in a challenging business environment. Going ahead, the company is cautiously optimistic about the festive season.
Vivek Nayer, senior vice-president- marketing, automotive division, Mahindra & Mahindra explains to CNBC-TV18 that the company's performance is due to right strategy and not the due to the huge difference between fuel and diesel prices.
Auto major Mahindra & Mahindra today launched a limited edition of its Verito sedan called Verito Executive, priced in the range of Rs 5.95-7.09 lakh (ex-showroom Delhi).
Auto major Mahindra & Mahindra today said it raised prices by up to 2% for its entire range of products last month to offset the impact of high raw material rates.
Market waited with baited breath for the June auto sales numbers because there was talk of a slowdown, both, in personal vehicles as well as in commercial vehicles. Mahindra & Mahindra’s June total sales numbers came as a breath of fresh air.
In an interview with CNBC-TV18, Vivek Nayer, Senior VP Marketing- Automotive Division at M&M said, "Overall, 18% is very handsome growth and we are pretty pleased with the month gone by."
Mahindra and Mahindra’s total sales were up 42% (YoY) at 34,062 units while exported 1,999 units tractors in the month of December. In an interview with CNBC-TV18, Vivek Nayer, Senior VP - Marketing, Automotive Division, M&M, speaks about the numbers and gives his outlook going forward.