new delhi homegrown auto major mahindra mahindra mm will be increasing the monthly production of its hotselling sports utility vehicle xuv500 to 5000 units by around septemberoctober the firm that had increased output of the model to 4000 units a month in may is trying to meet the increased demand after it opened bookings of the vehicles across india this month we have been gradually increasing the production of xuv500 it has touched 4000 units a month now and the next step is to take it to 5000 units by septemberoctober mm chief executive automotive division pravin shah told pti the company reopened bookings for xuv500 from this month and said the vehicle would be made available across the country including the 19 cities where it had been launched earlier mm had said nine months production capacity has been sold out for the xuv500 after launching the vehicle on september 29 last year the company had temporarily suspended new bookings in october as four months production of over 8000 units was sold out within just 10 days the vehicle was available only in five cities of mumbai delhi bangalore chennai and pune then in the second phase mm reopened bookings for a limited period of 10 days from january 25 this year in 19 cities in india and had received over 25000 applications but only 7200 were selected through a lottery the xuv500 is priced between rs 1158 lakh and rs 1411 lakh exshowroom delhi commenting on the sales growth for this fiscal shah said the company is looking to do better than the industry which siam pegged at 1012 per cent for the overall automobile sector in the next couple of months we will have our compact suv and by the end of the year we will launch the subfour metre verito these new products will enable our sales grow further this fiscal shah had said earlier in the aprilmay period this fiscal the company sold a total of 79237 units against 62508 units in same period last fiscal up 2684 per cent