Mahindra showcases four SsangYong models at 2012 Auto Expo
Indian auto major, Mahindra & Mahindra Ltd is showcasing four products from its SsangYong unit at the ongoing Delhi Auto Expo 2012.
This is the first time that Mahindra has showcased SsangYong models in the Indian market. The company is displaying the XIV - 1 concept, the Rexton, the Korando E and the Actyon Sports under the South Korean SsangYong brand at the Auto Show.
M&M had said in a statement in December that after the acquisition of Ssangyong Motors there is a lot of interest among the Indian customers about concepts of the company. M&M had acquired 70 per cent stake in the South Korean auto maker in a deal valued at about $463 million in November, 2010.
The company is also planning to showcase an electric variant of its Verito sedan along with electric vehicle Mahindra Reva NXR. Meanwhile, Mahindra Navistar Automotives Limited (MNAL) also displayed a new truck application.
Global automakers are focusing increasing on India as the competition in the world's second largest car market is increasing. The automakers are lining up models to be displayed at the Auto Expo 2012 in Delhi in order to attract more customers. More than 60 new models from different manufacturers will be showcased at the expo in Delhi.