Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV
manufacturer, today announced that it would be launching its highly anticipated
high–end SUVSsangYong Rexton in India on October 17th in Mumbai. This would be followed by launches in
the cities of New Delhi and Bangalore and a phase wise roll out in other
markets.
The Rexton is the first product from Ssangyong’s
product portfolio to be launched in India since Mahindra acquired the Korean
company back in March 2011. The Rexton has carved out its own niche in 66
countries around the world, including markets like Korea, Europe and Russia.
This third generation Rexton, will create a strong
connect with premium SUV buyers in India thanks to its sophisticated styling,
luxurious interiors, superior handling and on and off-road performance. Indian
buyers can also look forward to a high-performance diesel engine powering the
Rexton. It will combine sophistication and refinement, luxurious passenger
comfort, high quality performance and the ride and handling of a high-end SUV.
Commenting on the upcoming launch, Dr Pawan Goenka, President, Automotive and Farm Equipment Sectors, Mahindra & Mahindra Ltd. & Chairman, SsangYong Motor said, “The launch of the much acclaimed XUV500 last year helped Mahindra stamp its presence on the segment of premium SUVs. The Rexton will be the first SUV from the SsangYong portfolio brought to the Indian market by Mahindra. With the launch of the SsangYong Rexton, we hope to further expand the Mahindra presence in the high-end SUV segment”.
The Ssangyong Motor Company which was
founded in 1954 is based in Pyeongtaek, South Korea and is a major player in
the Korean utility vehicle market. It sells its vehicles in more than 90
countries around the world. In
addition to its focus on green technology and expanding its global presence,
Ssangyong is also working towards leveraging technical synergies with Mahindra.
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