Mahindra to launch low spec W4 variant of XUV500

Mahindra & Mahindra (M&M) will be launching a base spec W4 variant of the XUV500 within the next few months.

The new variant could help M&M arrest sliding sales of the XUV500, which have come down from 3721 units in January to 2253 units last month.

M&M's home grown SUV has also been grappling with quality niggles & irritants. The lower priced W4 variant could help M&M tackle the strong challenge posed by Renault's Duster and Ford's upcoming EcoSport.

For the months of March and April this year, Duster sales stood at 11675 units while in the same period, sales of the Scorpio stood at 9095 units and XUV500 at 5440 units. Rising diesel prices and an increase in excise duty on SUVs has further hit this segment.