Business Daily from THE HINDU group of publications
Wednesday, August 20, 2008
ePaper | Mobile/PDA Version | Audio

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

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

Prev: Rupee declines further
Next: Ansal Properties to pump in Rs 3,600 cr in IT SEZ


Business Line | NUS Index |



Related Topics
Alliances & Joint Ventures
Announcements
Auditing
Awards & Honours
Bonus Announcements
Company Law
Corporate Bonds
Corporate Disputes
Corporate Governance
Courts/Legal Issues
Diversification
Environment
Human Resources
Interview
IPOs
IPR
Management
Mergers & Acquisitions
New Projects
Open Offers
Outlook
Outsourcing
Overseas Borrowings
Overseas Investments
People
Performance
Preferential Allotments
Private Placement
Regulatory Bodies & Rulings
Research & Development
Restructuring
Rights Issue
Sick Units
Society & Development
Standards & Benchmarks
Taxation
Trade & Labour Unions



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line