New Delhi: Mahindra & Mahindra will showcase its Korean subsidiary Ssangyong’s vehicles for the first time in India during the imminent Auto Expo next month, following the acquirement of the firm over a year ago, the sources said.
According to the reports, the company will show its sports utility vehicles like Rexton and Korando, which will be launched in India soon.
The company said in a statement that “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.”
Moreover, the company will also showcase an electric variation of its sedan Verito during the Auto Expo. Electric vehicle Mahindra Reva NXR will also be displayed, the reports said.
Mahindra & Mahindra (M&M) had signed an authoritative agreement in November, 2010, with Ssangyong Motor Company (SYMC) to obtain 70 per cent stake in the ailing South Korean auto maker at a total cost of USD 463 million.