With the report from Economic Times, the biggest utility vehicle maker has been developed the LHD (Left Hand Drive) variant of the KUV 100 compact vehicle. This new variant is specially developed for Hungary, one of the Mahindra’s export markets. Most of the Mahindra’s new products have the higher demand and sales in the export markets so that it is decided to increase its share in the exports by introducing the variety of versions of the existed models.
Mahindra has already started the export of the KUV 100, compact sport utility vehicle, to the South African and other markets. In May, Mahindra exported 260 units of the Sub-4metre SUV (KUV 100). The LHD version has been developed in both fuel options, diesel and gasoline, based on the Hungarian market demands. The exports of the KUV 100 LHD will start soon, said by the development team to the ET Auto.
The UV carmaker has set a goal to export 20,000 units of Kool Utility Vehicle to both Hungary and South Africa market, according to the sources. For the South African market, the equipment kit of the KUV 100 will be exported from India and the vehicles to be assembled at the Mahindra’s assembly plant in South Africa. While the KUV 100 models will go to Hungary via the CBU (Completely Built Units) route.
The biggest UV maker is also exporting its best-selling SUV XUV 500 to South Africa and it is available there in both fuel variants as well as automatic versions. With the launch of the new product’s line, TUV 300, NuvoSport and KUV 100, Mahindra has seen the major change in terms of sales. As per the Mahindra sales reports, the exports of passenger vehicles accounted for 137 percent growth in the first quarter of this fiscal, compared to the year-ago period.
With the introduction of LHD variant of the KUV 100 in Hungary, the export sales expected to be increased up to the certain extent than the present statistics.
Mahindra KUV 100 (Small Crossover) Price in India: Rs. 4.66L (Ex-showroom)