Mahindra pulls plug on XUV500 after launch of XUV700: Report

Mahindra has discontinued its fashionable XUV500 after the launch of the newest XUV700 within the nation. Mahindra sellers have additionally stopped accepting bookings for the XUV500, though the SUV stays listed on the official web site.

A company consultant has additionally confirmed to HT Auto that the homegrown automaker has halted the manufacturing of its fashionable XUV500.

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Though some experiences recommend that XUV500 could make a comeback as a five-seat mannequin to compete with Hyundai Creta, MG Hector, and the Tata Harrier, however that is still unconfirmed in the mean time. 

(Also | Watch: Mahindra XUV700 scores smashing five-star ranking in Global NCAP exams)

The departure of XUV500 comes as a pure selection for Mahindra (after the brand new XUV700) despite the fact that it has served the model effectively for a few years. The XUV500 has remained a favourite of many SUV lovers in India, however the brand new XUV700 has been launched to build on the cult of its predecessor.

The new XUV700 was first unveiled on August 14 this year in 4 variants, MX, AX3, AX5 and AX7. It is available in petrol and diesel engine decisions with 5 and seven-seat layouts and handbook in addition to automated transmission choices. It has been not too long ago reported additionally that the newest SUV bagged about 70,000 bookings earlier than Diwali.

(Also learn | With sturdy demand for XUV700, Mahindra experiences eight-fold rise in Q2 revenue)

Meanwhile, Mahindra additionally introduced its electrification objectives because it gears up to usher in 16 new electrical automobiles by 2027. The new EV lineup by Mahindra will likely be launched in each SUV and lightweight industrial automobile classes knowledgeable the company. 

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