Asia Bizz: Indian auto giant Mahindra & Mahindra has decided to re-open the bookings of its popular sports utility vehicle XUV 500. The company made the announcement on January 16, 2012. The bookings for the XUV 500 will be open from January 25, 2012 and it is a limited offer for only ten days.
It has also been pointed out that M& M was forced to suspend the bookings of the new age SUV due to a staggering response from the buyers in the Asian country.
M& M has also states that if the bookings of the model exceed 7,200 units, then the allotment of the vehicle will be done through a draw. Vivek Nayer, the Senior vice president of Automotive Division Marketing, said in a statement, that the customers do not have to wait beyond a reasonable period so as to ensure that the XUV 500 draw will be undertaken.
The draw will assure a fair and transparent allotment of the vehicle to their customers who get selected in the draw. The customers have to fill a form to book the vehicle by paying a sum of Rs. 80,000. The lucky draw will be announced by the company on February 15, 2012. This time, M&M has also included 19 additional cities in the bookings.