Currently, the SUV is powered by a 2.2-litre mHAWK diesel unit which makes 155PS of maximum power and 360Nm of peak torque.
The latest offering from the utility vehicle major comes with a host of features such as an electric sunroof with anti-pinch, reverse camera with dynamic assist, a 7-inch touchscreen infotainment system as well as ecosense technology and dual airbags, among others.
The company, which sells utility vehicles ranging from compact KUV100 to XUV500, also has plans to introduce a new electric vehicle in the next two years.
Maruti Suzuki, Tata Motors, Mahindra Electric, Mahindra & Mahindra, and Ford were jointly working on the project.
Mahindra & Mahindra plans to launch a petrol variant of its flagship SUV XUV500 in the first quarter of next fiscal in the wake of customer preference shifting away from diesel vehicles in the segment.
In this episode, Overdrive‘s Rohit Paradkar is doing a comparison test between Tata Hexa versus Mahindra XUV500 and Toyota Innova Crysta.
Auto major Mahindra & Mahindra today reported 8 per cent increase in total sales at 46,130 units in September.
Mahindra & Mahindra today reported 17 percent rise in total sales to 52,718 units in March as against 45,124 units sold in the same month of last year.
"This engine would power the New Generation Scorpio as well as the New Age XUV500. It would be available for customers within the Delhi and NCR Region to begin with," the company said in a statement.
Pawan Goenka, Executive Director of Mahindra and Mahindra on the sidelines of KUV100 launch in Mumbai spoke to the media and explained the implications of the Supreme Court order to ban diesel vehicles above 2000 cc would mean to the company and industry as a whole. He also spoke on how the company would tackle this situation going forward.
The automatic XUV500, whose W8 FWD variant will be sold at the starting price, will be available across Mahindra dealerships from December 5 onwards, Mahindra & Mahindra (M&M) said in a statement.
Homegrown auto major Mahindra & Mahindra will launch its new compact SUV named TUV300 in mid September as it looks to enhance its position as a leading manufacturer of utility vehicles in India.
When Mahindra launched the XUV500, they created quite a bit of a stir. It was the company‘s first indigenous at creating a global SUV and they did a fairly good job of it as well, for a first attempt.
The updated version sports added features, including electric sunroof, push button start and 6-way adjustable seats.
The company will proactively inspect and replace the 'right hand door latch assembly' of 19,780 units of Alto 800 and 13,318 units of Alto K10, Maruti Suzuki India (MSI) said in a statement. "From customer perspective, there is no concern if the right hand side door (front and rear) is completely latched.
The 'XUV500 Xclusive Edition', comes with various features including electric sunroof, reverse camera and voice messaging system.
The preventive inspection and replacement, if needed, of the vacuum pump would be free of cost for customers, who would be individually contacted by the company, Mahindra & Mahindra said in a statement.
The M-Plus service camp will provide Mahindra owners with the opportunity to ensure that their vehicles are in perfect condition. Ends on March 9
The existing XUV500 is available at a price range of Rs 12 lakh to Rs 14.64 lakh (ex-showroom Delhi).
The company had sold 53,439 units in the same month last year, the company said in a statement. In October this year, M&M's domestic sales stood at 47,787 units as against 51,316 in the same month last year, down 6.87 percent.
The increase is primarily due to devaluation of the rupee and increase in raw material costs. "We have been holding back prices for a while but now it has become necessary to raise them due to increasing input costs, devaluation of the rupee and increase in some raw material costs," M&M Ltd Chief Executive, Automotive Division, Pravin Shah said.
Auto-maker Mahindra & Mahindra today reported 17.32 per cent decrease in its total sales at 37,897 units in August, 2013.
Analysts on average had expected M&M to report a net profit of Rs 723 crore on revenue of Rs 9,990 crore, according to a CNBC-TV18 poll.
Auto-maker Mahindra & Mahindra today reported 1.76 percent increase in its total sales at 41,432 units in April 2013. The company had sold 40,715 units in the same month in 2012, Mahindra & Mahindra (M&M) said in a statement.
Mahindra & Mahindra's total automotive sales in January rose 11 percent year-on-year to 49,503 units, driven by utililty vehicle demand, while exports and medium & heavy truck sales slumped.