Yesterday we had brought you news from a post in Team-Bhp that the first ever monocoque, front wheel drive World SUV from Mahindra has been given the name XUV500. Now there is confirmation that it is indeed the case. However what is very interesting is that at the Frankfurt Motor Show Ssangyong, the Korean company that Mahindra bought over has shown concepts under the XUV nomenclature. For more of that check out the article on the teasers in Frankfurt Motor Show in the design section. It now seems that Mahindra has also acquired the nomenclature used by its Korean acquisition.