Mahindra XUV500’s success for Mahindra and Mahindra has been more than expected and the overwhelming response has led to closing of booking within few weeks after the launch of XUV5OO. One of the major reasons for the success of XUV5OO is the aggressive pricing, the price at which no SUV competitor or Crossover is providing the set of features which XUV5OO offers. Since the prices at launch were introductory and the sales picked up instantly, it was quite clear that a price increase will come up soon. The bookings for the XUV5OO will re-open on January 2012 and price hike effective from 1 Jan 2012, the prices of the XUV will go up between...