THE MAHINDRA RENAULT LOGAN WAS FINALLY LAUNCHED IN INDIA. IT WAS OFFICIALLY LAUNCHED on 3rd APRIL'07 FOR THE PRESS AT THE TAJ LANDS END HOTEL IN BANDRA,MUMBAI.
Carlos Ghosn, president & CEO of Renault SA, said:
“Today signals a new step in Renault’s global expansion. It marks the start of Renault sales on the Indian market and sees the first right hand drive version of Logan created to meet the needs of our Indian customers.”
(I WAS PRESENT THERE AND TOOK SOME PICTURES WITH ME CELL PHONE TO SHARE WITH EVERYONE!)
Petrol
Model Price (in INR) **
GL 1.4 - - - - - - - 427,950
GLE 1.4 - - - - - - 471,915
GLS 1.6 - - - - - - 568,789
Diesel
Model Price (in INR) **
DLE 1.5 dci - - - - 547,064
DLS 1.5 dci - - - - 643,939
**(all above prices are Ex-Showroom NaviMumbai)
The joint venture company between India's Mahindra and Mahindra and French auto maker will be rolling out 50,000 units of Logan this year from Mahindra's Nashik facility set up at a cost of Rs 700 crore.
While the 1.4 litre petrol engine variant is priced at Rs 4.28 lakh (ex-showroom Mumbai), the 1.61 litre carries a price tag of Rs 5.69 lakh. The 1.5 litre diesel engine car, which has two variants, comes at a price of Rs 5.47 lakh to Rs 6.44 lakh. Initially, Logan will hit the roads in the top 10 cities of the country in the second week of this month.
"We aim to sell the entire production capacity of 50,000 units per annum from the Nashik plant in the Indian market and we do not have plans to export the product at the moment," M&M Vice Chairman and Managing Director Anand Mahindra said here at a function to unveil the car. Renault SA President and CEO Carlos Ghosn said the joint venture entity, in which Mahindra holds 51 per cent, would 'ramp up production' if the market so demands.
The sedan, developed by Renault and its Romanian affiliate Dacia is modern but stripped of costly design features. It is almost a runaway success in the European market and has sold almost 450,000 units worldwide since its launch in 2004.
"Almost 50 per cent of the parts used in the car are sourced from Indian OEMs. Engines, however, are being sourced from Romania and Spain," Mahindra said, adding that the company would use local engines on a later date.
(Times Of India, 3 Apr, 2007 16-48hrs )
-Saumil Bhavsar (0-98925-98827)
Carlos Ghosn, president & CEO of Renault SA, said:
“Today signals a new step in Renault’s global expansion. It marks the start of Renault sales on the Indian market and sees the first right hand drive version of Logan created to meet the needs of our Indian customers.”
(I WAS PRESENT THERE AND TOOK SOME PICTURES WITH ME CELL PHONE TO SHARE WITH EVERYONE!)
Petrol
Model Price (in INR) **
GL 1.4 - - - - - - - 427,950
GLE 1.4 - - - - - - 471,915
GLS 1.6 - - - - - - 568,789
Diesel
Model Price (in INR) **
DLE 1.5 dci - - - - 547,064
DLS 1.5 dci - - - - 643,939
**(all above prices are Ex-Showroom NaviMumbai)
MUMBAI: Fuelling competition in the Indian mid-size car market, Mahindra-Renault on Tuesday unveiled 'Logan' - an entry-level no frills sedan - with prices starting at Rs 4.28 lakh for the base petrol variant.
The joint venture company between India's Mahindra and Mahindra and French auto maker will be rolling out 50,000 units of Logan this year from Mahindra's Nashik facility set up at a cost of Rs 700 crore.While the 1.4 litre petrol engine variant is priced at Rs 4.28 lakh (ex-showroom Mumbai), the 1.61 litre carries a price tag of Rs 5.69 lakh. The 1.5 litre diesel engine car, which has two variants, comes at a price of Rs 5.47 lakh to Rs 6.44 lakh. Initially, Logan will hit the roads in the top 10 cities of the country in the second week of this month.
"We aim to sell the entire production capacity of 50,000 units per annum from the Nashik plant in the Indian market and we do not have plans to export the product at the moment," M&M Vice Chairman and Managing Director Anand Mahindra said here at a function to unveil the car. Renault SA President and CEO Carlos Ghosn said the joint venture entity, in which Mahindra holds 51 per cent, would 'ramp up production' if the market so demands.
"Almost 50 per cent of the parts used in the car are sourced from Indian OEMs. Engines, however, are being sourced from Romania and Spain," Mahindra said, adding that the company would use local engines on a later date.
(Times Of India, 3 Apr, 2007 16-48hrs )
-Saumil Bhavsar (0-98925-98827)
