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Business Daily from THE HINDU group of publications Wednesday, August 20, 2008 ePaper | Mobile/PDA Version | Audio |
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Update at 1500 hrs (IST)
Corporate Mahindra Renault rolls out 'Logan' in Nepal MUMBAI: Mahindra Renault on Wednesday announced the launch of its passenger car 'Logan' in Nepal, marking the mid-sized sedan's overseas foray. The auto firm is a joint venture between Mahindra & Mahindra (M&M) and France's Renault SA. The 'Logan' will be distributed in Nepal by Agni Inc, the current distributor of Mahindra vehicles in the Himalayan country, a company release said here. Customers would be able to purchase two variants of the 'Logan', the 1.4 GLE Petrol and the 1.5 DLS diesel initially, and other variants subsequently. “Our distributor, Agni Incorporated, has been associated with the Mahindra brand for several years...with its wide national network and in-depth knowledge of the local market, Agni will give us a definite competitive edge in the passenger segment in the country,'' Mahindra Renault General Manager, Marketing, Gerald Porcario, said. The 'Logan' has received good response since its launch last year and clocking steady sales numbers each month. It is now among the top three selling sedans in India, the release said. - PTI
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