Mahindra postpones Xylo launch to january 2009; Fiat defers Linea

Whether the 26/11 Mumbai terrorist attack had an impact on assembly elections or not, it affects the automotive Industry. The sentiments are down and two major launches – Mahindra’s Xylo and Fiat’s linea which were initilally scheduled for mid december is pushed to January 2009. Fiat’s which earlier planned to launch line on December 16 is now looking for an auspiscious date. Mahindra which is betting big on Xylo MUV has deferred the launch to January 2009. “The sentiments were already down, but due to the terror attacks in Mumbai, we have decided to shift the launch date of the Xylo from this month to next month” Mahindra said.

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