Monday, 19 December 2011

Mahindra to showcase Verito Electric along with Ssangyong's Rexton and Korando SUV




Mahindra & Mahindra will showcase the electric version of its Sedan Verito Electric at the upcoming 2012 Auto Expo. Besides, the car maker will also showcase the SUV from its Korean partner's stable - Ssangyong Rexton & Korando.


"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," the company said in a statement.


In November, 2010, Mahindra & Mahindra (M&M) had signed a definitive agreement with Ssangyong Motor Company (SYMC) to acquire 70 per cent stake in the ailing South Korean auto maker at a total cost of USD 463 million (about Rs 2,105 crore).

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