Delhi Auto Expo Mahindra to launch its new range of mobility products in FY 2012-13
- To launch SsangYong Rexton, Mahindra Reva NXR and Compact SUV prior to the festive season in India
- Maxximo Passenger Van to debut in Q1 of FY 13, sub 4-metre Verito in last quarter of FY 13
- Stallio to be re-launched, Duro DZ also on the cards
- MNAL to launch 49 tonne tractor and 25 tonne construction tipper
New Delhi January 10, 2012 Mahindra & Mahindra a part of the US $ 14.4 billion group today announced at the Delhi Auto Expo that it would be launching a range of its mobility products during the financial year 2012-13. These would include products in the personal as well as the commercial vehicles segment.
One of the most anticipated launches from Mahindra would be the SsangYong Rexton which has been displayed at the Delhi Auto Expo. Mahindra is scheduling to bring in this SUV to India along with its Compact SUV as well as the Mahindra Reva NXR before the festive season in October/November 2012.
The Maxximo Passenger Van would be launched in the first quarter while the sub 4-metre Verito would be launched in the last quarter of FY 2012-13.
The 2-wheeler segment of the Mahindra Group will re-introduce the Stallio motorcycle in FY 13 along with launching its premium product, the Duro DZ.
In the Heavy Commercial segment, Mahindra Navistar Automotive Ltd (MNAL) will launch its 49 tonne tractor, the 25 tonne construction tipper in addition to its range of buses (32 and 40 seater). MNAL will also introduce its Integrated Trucking Solutions in the form of applications on their trucks.
About The Mahindra Group
The Mahindra Group focuses on enabling people to rise. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology and vacation ownership. Mahindra has a presence in the automotive industry, agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel and two wheelers.
A US $14.4 billion multinational group based in Mumbai, India, Mahindra employs more than 144,000 people in over 100 countries.
In 2011, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. Dun & Bradstreet also ranked Mahindra at No. 1 in the automobile sector in its list of India’s Top 500 Companies. In 2010, Mahindra featured in the Credit Suisse Great Brands of Tomorrow.
In 2011, Mahindra acquired a majority stake in Korea’s SsangYong Motor Company.