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Mahindra to introduce SsangYong's Korando, Rexton SUVs at 2012 Auto Expo
The acquisition of SsnagYong has been their biggest success to boast about after they took the ace utility manufacturers under their wing and hope to foster growth in the country. The Rexton and Korando are most awaited with eager eyes in the country with the hope to see something different this time from Mahindra during the 2012 Auto Expo. The Indian consumers have high expectations from the domestic car manufacturer now that Mahindra XUV 500 has proved to be class apart from the usual Mahindra line-up.
Published On Nov 25, 2011 03:15 PM By Ritesh
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The SsnagYong deal went through at the right time for Mahindra after it lost the Jaguar Land Rover deal to Tata Motors back in 2008. The investment of Rs 2,105 crore now seems to be quite worthy, now that they are all set to showcase the SsnagYong’s product line up in India soon. Mahindra and Mahindra apart from their usual cars to display has two SsangYong SUVs up on their sleeve. Mahindra Group is expected to further enhance its presence in the South Korean markets.
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After the acquisition of Korean car manufacturing company, SsangYong Motors, the leading utility manufacturer of the country hopes to try their hand on the farm equipment and technology in Korea. The Group Managing Director Anand Mahindra is on an aggressive growth plans and hopes to reach out to the stars in terms of growth for the company. Commercial vehicle segment is where Mahindra has been a thorough leader ever. The auto major imports the tractors from two well-known suppliers, the Korean supplier TangYong and Japanese auto giant Mitsubishi.
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