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Tuesday 20 December 2011

Auto Expo To See The Launch Of Mahindra & Mahindra Ssangyong's SUVs Rexton, Korando


Auto major Mahindra & Mahindra is to showcase its Korean subsidiary Ssangyong's vehicles for the first time in India during the upcoming Auto Expo next month, following the acquisition of the firm over a year ago.
The company will showcase its sports utility vehicles Rexton and Korando, which will be launched in India soon, at the auto show to be held in the National Capital.

"Post the acquisition of Ssangyong Motors, there has been a lot of interest within Indian consumers to see for themselves some of these world-class products. Keeping in mind this aspiration, Mahindra will showcase among other vehicles, both the Rexton and Korando E which are slated to be launched in India shortly," the company said in a statement.

In November, 2010, Mahindra & Mahindra (M&M) had signed a definitive agreement with Ssangyong Motor Company (SYMC) to acquire 70 per cent stake in the ailing South Korean auto maker at a total cost of USD 463 million (about Rs 2,105 crore).

Besides, the company will also showcase an electric variant of its sedan Verito during the Auto Expo. Electric vehicle Mahindra Reva NXR will also be displayed.


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