Mahindra XUV500 to cost higher by up to Rs 55000

mahindra xuv500Mahindra XU500 SUV cost to increase from January 1

Mahindra and Mahindra have announced that it will hike XUV500 price by at least Rs 30000 from January 1 due to higher raw material costs and the rupee fall.

“The price rise has been necessitated as the launch price was an invitation price and there has also been a considerable impact of increase in raw material costs and the rupee depreciation with respect to the dollar and the euro,” said by the company.

“However, as a special case, for all the current bookings, for which delivery has not been made and in spite of the terms of price applicable at the time of delivery, the increase would only be 50 per cent of the actual price increase proposed, the company said.

Mahindra XUV500 will witness a price increase for the base model by Rs 30000, the four-wheel drive variant will cost as much as Rs 50000 more and the higher W8-AWD model will be increased by Rs 55000 (all ex-showroom, Delhi).

The company launched on the September 29 and booking began on October 1 and within few days the company closed the bookings on October 10 due to high demand and still it has backlog of over 8000 units. It is expected that Mahindra XUV500 bookings to be reopened during January 2012.

Bajaj Pulsar Series Dominating For A Decade
TVS Motors develops a new technology engine for all two wheelers

Leave a Reply

Gul Panag Mahindra Scorpio Getaway
Gul Panag and her Mahindra Scorpio Getaway in an all-new series on Discovery Channel
2015 Jaguar XF
Jaguar Reveals Its New XF Sedan
Toyota BMW Sports Car Program
BMW And Toyota Partnership To Give Birth To 2 New Models
Renault Lodgy
Renault Lodgy spied testing once again
Bajaj Pulsar RS 200 Lucknow
Bajaj Pulsar RS 200 launched, reached showrooms in Lucknow
Royal Enfield Tour of Nepal
4th Edition of Royal Enfield Tour of Nepal will commence from 26 April 2015
Benelli TNT 899
DSK Motowheels launches five super bikes of Benelli in India
Triumph Tiger launch
Triumph launches its Tigers, expands its adventure portfolio in India
Scania Multiaxle Metrolink Front Side
Scania Metrolink – My Sound Sleep Experience
Datsun-Go+-Front View Angle-low
Datsun Go+ First Drive Review
Picture 210
Going Electric – Mahindra Reva E20
BMW M5 Rear View
BMW M5 Road Test Review
F1 Indian Motorsports MotoGp Volkswagen Motorsport World Motorsports
Trucks entering the last corner before the start/finish straight
Stuart Oliver shines again at T1 Prima Truck Racing
JK Tyre @ Tata T1 Prima Truck Racing
JK Tyre JETRACING used in Season 2 of T1 Prima Truck Racing Championship
T1 Prima Truck Racing Championship
T1 Prima Truck Racing Championship 2015 begins
Maruti Suzuki Logo
33,098 Alto 800 & Alto K-10 recalled by Maruti
2015 Tata Hexa Concept
Upcoming cars in India in 2015
Maruti Suzuki Desert Storm 2015
Maruti Suzuki Desert Storm 2015 came to an exciting end
Maruti Suzuki Desert Storm 2015
Maruti Suzuki Desert Storm 2015: Day 3
Hyundai Logo Picture
Hyundai announces 19th Free Car Care Clinic
Hyundai i20 Active
Hyundai i20 Active will be launched on 17 March 2015
2015 Tata Hexa Concept
Upcoming cars in India in 2015
hyundai i20 active rendering
Hyundai i20 Active will get a Global Debut in India in March 2015
Honda Jazz
Honda Delays Its Jazz Launch
2015 Tata Hexa Concept
Upcoming cars in India in 2015
Honda Moblilio front right roadside
Honda Weekends: Exploring Amritsar in Honda Mobilio
Honda City Diesel
Honda Cars India Ltd. registers 17% growth in domestic sales in January 2015
Gul Panag Mahindra Scorpio Getaway
Gul Panag and her Mahindra Scorpio Getaway in an all-new series on Discovery Channel
2015 Tata Hexa Concept
Upcoming cars in India in 2015
Mahindra
Mahindra announces ‘M-Plus’, a nation-wide Mega Service Camp
Mahindra Scorpio 2014
Mahindra invests Rs 4000 crores to start a new production facility near Chennai
JK Tyre @ Tata T1 Prima Truck Racing
JK Tyre JETRACING used in Season 2 of T1 Prima Truck Racing Championship
T1 Prima Truck Racing Championship
T1 Prima Truck Racing Championship 2015 begins
2015 Tata Hexa Concept
Upcoming cars in India in 2015
Tata Zest
Tata launched a new XTA variant of the Zest
Bajaj Pulsar RS 200 Lucknow
Bajaj Pulsar RS 200 launched, reached showrooms in Lucknow
Bajaj-Boxer-Cafe-Racer-Reveal
How does a Bajaj Boxer 150 Cafe Racer sound?
2015 Bajaj CT100
2015 Bajaj CT 100 launched at INR 35,801
Bajaj Pulsar 200 SS
Bajaj Pulsar 200 SS gets ABS as optional
KTM Duke 390
KTM makes slipper clutch as an accessory for existing owners of Duke 390
KTM 200 Duke
KTM to implement new changes in the Duke 200
KTM-DUKE-390jpg
KTM silently upgrades Duke 390 and RC 390 with slipper clutch
Benelli TNT 300
2015 Upcoming bikes in India
HMSI Wingmark Logo
Honda now has 20 million happy customers
Honda Unicorn 160
Honda unveils new TVC campaign for CB Unicorn 160
Honda Activa 3G
Honda launched the new Activa 3G in India priced at Rs. 48,852
2014 Honda CBR650F
Honda to introduce India made CBR650F motorcycle in July 2015
Hero HX 250 R
Hero postpones the launch of HX250R to Oct, also increases its price
Benelli TNT 300
2015 Upcoming bikes in India
Hero MotoCorp Logo
Hero Motocorp Reveals Its Plans At EICMA
Hero Splendro Pro Classic
Hero Splendor Pro Classic
tvs jupiter
TVS launched a special edition of the Jupiter
Benelli TNT 300
2015 Upcoming bikes in India
TVS Draken
Is TVS developing 3 new variants of Apache?
TVS Draken
Upcoming TVS bikes in India