Mahindra and Mahindra Ltd. (M&M Ltd.), a piece of the USD 20.7 billion Mahindra Group, today declared its car deals execution for January 2019 which remained at 55,722 vehicles, contrasted with 52,063 vehicles amid January 2018, a development of 7 per cent.
Commenting on the performance, Rajan Wadhera, President, Automotive Sector, M&M Ltd. said, "The first month of the new calendar year continues to be on an overall growth path. There is buoyancy in rural growth, commodity costs are leveling, fuel prices are coming down and we see improvement in Forex movement, which in turn will drive positive customer sentiment. Having successfully established the Marazzo & Alturas brands and with the upcoming launch of our new compact SUV, the XUV300, we are positive on our outlook".
The organization's residential deals contacted 52,500 vehicles amid January 2019, as against 49,432 vehicles in January 2018, a development of 6 per cent. The Passenger Vehicles section (which incorporates UVs, Cars and Vans) sold 23,872 vehicles in January 2019, as against 23,686 vehicles in January 2018.
In the Commercial Vehicles portion, the organization sold 22,625 vehicles in January 2019, as against 21,002 vehicles in January 2018, a development of 8 per cent. In the Medium and Heavy Commercial Vehicles section, M&M sold 849 vehicles for the month. Fares for January 2019 remained at 3,222 vehicles, a development of 22 per cent.
Currently, Mahindra is working on the launch of the much anticipated XUV300 in the country on 14th February 2019. In front of its dispatch, official appointments for the vehicle have just been started the country over. Intrigued purchasers can book the SUV by paying a token measure of Rs 20,000, which is refundable. The Mahindra XUV300 has been structured on SsangYong's X100 stage that additionally supports the Tivoli that was reviewed at the 2016 Delhi Auto Expo. Mahindra claims that the "XUV300 is "outfitted with "first- in- class hey tech highlights, stand out security and class- characterizing insides", therefore making it "the ideal mix of complexity and execution". Mahindra's new conservative SUV will accompany a few class- driving highlights, for example, seven airbags (higher trims) alongside standard every one of the four circle brakes, ABS and ESP. The SUV will likewise offer a sunroof, brilliant directing, double zone programmed atmosphere control, voyage control, cowhide seats and a huge touchscreen infotainment framework.
Mahindra XUV300 incorporates a 1.2L G80 turbocharged petroleum and a 1.5-liter, four- chamber diesel unit. The last one is continued from the Marazzo premium MPV. The oil burner makes a sound 123 bhp and 300 Nm of torque, along these lines making it the most dominant vehicle in its group. The gas engine conveys control worth 120 bhp against 200 Nm of torque. Estimating beneath 4- meter long, the new Mahindra XUV 300 minimal SUV will be offered in six outside shading alternatives– Red Rage, DSAT Silver, Aquamarine, Sunburst Orange, Napoli Black and Pearl White. In the smaller SUV space, the new Mahindra sub- four meter SUV will confront test from different vehicles including Maruti Suzuki Vitara Brezza, Tata Nexon and Ford EcoSport.
Stay tuned to V3cars.com for further updates on 2019 Mahindra XUV300.