Mahindra & Mahindra is betting big on its SUV lineup, which will soon get entry of at least two all-new models- the S101 sub-compact SUV and U301 Bolero. The company is also giving makeovers to its existing products including Quanto and XUV500. Launched back in 2011, the XUV500 received an excellent response from buyers. The vehicle was loaded with a range of comfort and convenience features. Now, this SUV is 4 year old and is asking for a change. In order to keep things fresh in the market, the homegrown automaker has refreshed its flagship SUV- the XUV500, which will most likely be launched around June or July 2015. Once it will go up against the like of Tata Safari Storme, Nissan Terrano and Renault Duster