Mahindra gets order for 15,000 Xylo in three months

April 29th, 2009 - 6:57 pm ICT by IANS  

Kolkata, April 29 (IANS) Auto major Mahindra and Mahindra (M&M) has received huge bookings for its multi-utility vehicle Xylo in the last three months, a top official said here Wednesday.
“In the last three months, 15,000 Xylo were booked. In the last month alone, we have sold 2,954 units,” Vivek Nayer, senior vice-president (marketing-automotive sector) of M&M, told reporters.

He was here to unveil a customised Scorpio, a sports utility vehicle (SUV) from the company, for soccer star Bhaichung Bhutia.

M&M sold 3,200 Scorpio vehicles last month, Nayer said.

Asked about the outlook for the current financial year, he said: “It’s difficult to speak about the outlook. We are looking at month-to-month performance. Current month is going fine. Let’s wait and watch how the situation unfolds.”

In 2008-09, M&M has crossed 57 percent of the total utility vehicles market share in the country. In the previous year it was around 51 percent, Nayer said.

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