New Mahindra XUV500 launch price Rs 11 lakh? To compete with Renault Duster and Nissan Terrano
Mahindra is getting ready to launch a new base variant of the XUV500 SUV. To be placed below the W6 variant, the new W4 launch will take place in the coming few days. Though there is no confirmation from Mahindra’s side yet, the price of the XUV500 W4 is leaked, and is to be at Rs 10.99 lakh.
Interiors are done up in a dual tone finish and will receive features such as tilt adjustable steering, six way adjustable driver’s seat and remote central locking facility. Where engine details are concerned, the W4 continues with its same 2.2 liter mHawk engine offering 140 bhp power and 330 Nm torque mated to a 6 speed manual transmission.
The XUV500 W4 is slated to compete with new entrants like the Renault Duster, Ford EcoSport and Nissan Terrano. Since the launch of these new compact SUVs, Mahindra XUV500 sales have declined. Today, they sell about 2,000 XUVs a month, which is much less than what they started with when the car was launched (4,500 units per month). But with the launch of new W4 variant, their global SUV is sure to get a boost sales.