Mahindra drives SsangYong to India with Rexton launch
Home-grown auto maker Mahindra and Mahindra today launched sports utility vehicle (SUV) Rexton, the first vehicle from the stable of South Korean firm SsangYong.
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Mahindra drives SsangYong to India with Rexton launch"This is the best possible market for SsangYong," said Yoo-Il Lee, SsangYong's chief executive officer. "I am very confident that India will become SsangYong's second-largest export market," he added, without providing details. -
Mahindra drives SsangYong to India with Rexton launchThe South Korean firm, which was close to bankruptcy before Mahindra paid $460 million for a majority stake in March 2011, plans to bring more models to the country over the next few years, chairman Pawan Goenka said. -
Mahindra drives SsangYong to India with Rexton launch"The launch of the much acclaimed XUV 500 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," Mr Goenka added.
