Wednesday, October 05, 2011
By Pranjal Gera
Mahindra Rise: After Global XUV500, Korean SsangYong cars will debut in India
Home-based auto major Mahindra and Mahindra is concentrating for the first time to transport three Ssang Yong cars in the country. Mahindra had acquired the fourth largest automobile manufacturer in South Korea; Ssang Yong Motor Company in 2010. Initially Mahindra has settled to bring in three cars out which one will be Sports Utility Vehicle (SUV), in which the company has attained huge success in the past.
The Chief Executive for Product Development at Mahindra and Mahindra, Mr Rajan Wadhera stated that these cars will be take a couple of more years to sight success, he added that both the firms are working in collaboration with each other to make this endeavor an achievement.
According to Mr. Rajesh Jejurikar- the Chief Executive for Automotive Division, the company will develop a product which will be bigger than XUV500 with the assistance of Ssang Yong Motors in the near future.
Riding high with the triumph of its Global SUV XUV500 which was launched last week in India, the company has rolled out the same in South Africa as well and is now eyeing the West European, Brazilian and Australian auto market by the year end. The firm is focusing on the launch of a mini version of its successful Multi Purpose Vehicle, Xylo with Euro 5 emission by the financial year end.