Mahindra & Mahindra Ltd. (M&M), a part of the US $14.4 billion Mahindra Group announced that it would re-open bookings of its XUV5OO in January 2012.
The XUV5OO had received over 8000 bookings in just 10 days. Mahindra had sold out 4 months production of the XUV5OO and had hence temporarily deferred new bookings since October 11th across the 5 centres of Mumbai, Pune, Delhi, Bengaluru and Chennai. Mahindra expects to complete deliveries of these bookings by January 2012.
The production for the XUV5OO is as per schedule and the company is also in the process of ramping up production at its plant in Chakan which will enable it to re-open bookings next month. The XUV5OO has been buoyed by the excellent response from customers who have got deliveries till date. In addition, there has been an overwhelming demand from potential customers to re-open bookings.