Mahindra may launch a lower spec W4 variant for the XUV500 in a bid to increase sales of its flagship vehicle. The XUV500 since its launch in 2011 had been a big seller for the Indian SUV major and had been averaging between 3500 and 4500 units a month. However, for the first time in more than a year its sales dropped to 2253 units in April.
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