XUV500 to be dearer by Rs 55,000

Three months after its launch, the Mahindra XUV 500 will see its first price revision from January 1, 2012. The quantum of hike will be Rs 30,000 for the base W6 variant, Rs 50,000 for the W8 2WD variant and Rs 55,000 for the W8 4WD variant.Currently, the XUV 500 W6 is priced at Rs 10.8 lakh, W8 2WD retails at Rs 11.95 and the top-end 4WD W8 variant is available for Rs 14.16 lakh, ex-showroom,