Mahindra-Renault is the joint venture between Indian M&M and French auto major Renault.
"We have had a great year of Logan, cornering about 12 per cent of market share in the 'C' segment. In the next 3-4 months, we will be launching the CNG and LPG variant of the car," Mahindra-Renault's Chief Operating Officer Nalin Mehta told PTI.
The CNG and LPG variant of Logan would be on the platform of 1.6 litre petrol version, he said, adding that "it may be costlier by about Rs 50,000".
In the last fiscal, the company sold 25,984 units of Logan.
Mehta said due to the increased input costs, especially that of steel, plastic and copper, the company had raised the prices of Logan, both petrol and diesel variants, between Rs 4,000-Rs 5,000. He said the company is looking to expand its presence in 150 towns from the existing 72 towns.
"By the end of this year, we should be having about 155 dealers as against the existing 94 dealers now," Mehta said. Commenting on the outlook of the overall automobile industry, Mehta said maintaining a 12 per cent growth, witnessed in the last fiscal, looks a tall order in this fiscal. "We are, however, confident that Logan will be able to better industry growth," he added.
