Go Back   Team-BHP > BHP India > The Indian Car Scene


Closed Thread
 
Thread Tools Search this Thread
Old 3rd December 2010, 20:39   #1
BHPian
 
Sowmya's Avatar
 
Join Date: May 2007
Location: Bangalore
Posts: 494
Thanked: 16 Times
Default Mahindra to launch Korando and Rexton

Mahindra is launching Kornado and Rexton Sangyong

AHMEDABAD: Auto major Mahindra and Mahindra today said it will launch two SUV models — Kornado and Rexton — from its Ssangyong Motor Company Limited (SYMC) portfolio by next year.

"We will be launching two SUV's of Ssangyong-Kornado and Rexton-in Indian market by next year end," M&M President, Automotive & Farm Equipment Sectors, Pawan Goenka said.

The company recently announced that it has signed a definitive agreement with SYMC to acquire 70 per cent stake in the ailing South Korean auto maker for USD 463 million (about Rs 2105 crore).

"The next step will be for the creditors to approve this deal," Goenka said adding the money that the company will be paying by January-end will be used to pay-off the creditors.

Then, there would be about two months of processing time before way is paved for the final deal, he said.

"We are confident of the deal to get over in March," Goenka told PTI

Sangyong Motors is a premier manufacturer of sports utility vehicles (SUV) and recreational vehicles (RV).
Sowmya is offline  
Old 3rd December 2010, 20:44   #2
Senior - BHPian
 
n.devdath's Avatar
 
Join Date: Jun 2009
Location: Bangalore
Posts: 3,960
Thanked: 1,714 Times
Default

Lets hope these vehicles are not typical quirky Korean designs else M&M will continue with its reputation of having the worst styling dept in India.
n.devdath is offline  
Old 3rd December 2010, 20:51   #3
Senior - BHPian
 
sandeepmdas's Avatar
 
Join Date: Feb 2005
Location: Varkala
Posts: 1,125
Thanked: 614 Times
Default

Quote:
Originally Posted by n.devdath View Post
Lets hope these vehicles are not typical quirky Korean designs else M&M will continue with its reputation of having the worst styling dept in India.
Mahindra SsangYong Kornado (means Korean Tornado??) :
Attached Images
 

Last edited by sandeepmdas : 3rd December 2010 at 20:56.
sandeepmdas is offline  
Old 3rd December 2010, 21:05   #4
BHPian
 
Join Date: Feb 2010
Location: Bangalore
Posts: 84
Thanked: 79 Times
Default

I think for M&M it will be a profitable business to launch SsangYong Korando (not Kornado as mentioned above ) and Rexton with competitive prices . Korando is a contraction of "Korea Can Do". I saw these 2 SUV's on C&B where SVP talked about these , in terms of looks I think they are good and just need complete back for Service from M&M.


Amit
aeroamit is offline  
Old 3rd December 2010, 21:06   #5
BHPian
 
Join Date: May 2010
Location: Chandigarh
Posts: 231
Thanked: 179 Times
Default

Quote:
Originally Posted by sandeepmdas View Post
Mahindra SsangYong Kornado (means Korean Tornado??) :
Actually it means "can do". Or in this case it means "korea can do".
veedub89 is offline  
Old 3rd December 2010, 21:18   #6
BHPian
 
Join Date: Jan 2008
Location: ludhiana
Posts: 197
Thanked: 3 Times
Default

both kornado and rexton are good suv .this week's car and bike on ndtv show featured these suvs.you can check the site to have a look at them.only thing will be if they are brought as ckd or cbu and what will be the price of these
rupinder is offline  
Old 3rd December 2010, 21:32   #7
BHPian
 
baz_303's Avatar
 
Join Date: Aug 2010
Location: Pune
Posts: 51
Thanked: 20 Times
Default

Ssangyong is a very exiting acquisition by the SUV gaint M&M.

This certain will help M&M to get the much valued global footprint. Would now be interesting to see what kind of synergies emerge out of this union.

Ssangyong technology will also help M&M enter challenging markets like US et al.
baz_303 is offline  
Old 3rd December 2010, 22:16   #8
Team-BHP Support
 
ampere's Avatar
 
Join Date: Sep 2009
Location: Bangalore
Posts: 15,605
Thanked: 8,600 Times
Default

It would all be about pricing. If they can get it right, it would be a sweet for M&M.
ampere is offline  
Old 4th December 2010, 11:29   #9
BHPian
 
Join Date: Dec 2007
Location: Hyderabad
Posts: 52
Thanked: 40 Times
Default Korando!

Guys, its not Kornado. It's the ssangyong Korando
shimoo is offline  
Old 4th December 2010, 12:07   #10
BHPian
 
ranc's Avatar
 
Join Date: Nov 2006
Location: Lost somewhere on the Leh Manali hway
Posts: 516
Thanked: 14 Times
Default

I had seen a Rexton in Australia (last year) and it looked a very capable SUV with some good road presence.
ranc is offline  
Old 4th December 2010, 13:00   #11
BHPian
 
georgev's Avatar
 
Join Date: Jan 2010
Location: KL-05
Posts: 233
Thanked: 5 Times
Default

SsangYong.s are really capable SUV.s with Mercedes M class engines both in Petrol and Diesel.Not so refined, but VFM. MM can put them just above the Scorpios and Xilo.s , but still value for money compared to other japanese and Korean SUV.s
georgev is offline  
Old 4th December 2010, 13:35   #12
Senior - BHPian
 
thedreamcatcher's Avatar
 
Join Date: Mar 2009
Location: Dubai
Posts: 1,205
Thanked: 61 Times
Default

When i saw the names, i felt they were going to be SsangYong. Quite a change from the Scoprios and Boleros we are used to
thedreamcatcher is offline  
Old 4th December 2010, 13:56   #13
Senior - BHPian
 
MaserQ's Avatar
 
Join Date: Oct 2006
Location: Bangalore
Posts: 1,156
Thanked: 51 Times
Default

The Korando is a good looking vehicle. Lets hope M&M assembles the car in India and prices it smartly.
MaserQ is offline  
Old 4th December 2010, 14:39   #14
Team-BHP Support
 
theMAG's Avatar
 
Join Date: May 2006
Location: Long Island, NY
Posts: 7,036
Thanked: 1,472 Times
Default

Quote:
Originally Posted by baz_303 View Post
This certain will help M&M to get the much valued global footprint.
In addition to that, in India, they will have the Rs 7.5 lakh- Rs 30 lakh SUV market covered airtight.
theMAG is offline  
Old 4th December 2010, 14:40   #15
Senior - BHPian
 
shankar.balan's Avatar
 
Join Date: Apr 2008
Location: BLR
Posts: 8,027
Thanked: 5,326 Times
Default

I would look forward to these vehicles
they are pretty good from all accounts

so the choice of 4x4 SUV's for regular joe's is hotting up!! Am glad. Truly.
shankar.balan is offline  
Closed Thread


Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
Mahindra SsangYong Korando to be launched this year Aditya The Indian Car Scene 21 13th April 2015 18:29
Mahindra undecided about launching the Korando? rohit_dce The Indian Car Scene 11 4th September 2013 14:44
Ssangyong starts shipping Korando C fz_rider The International Automotive Scene 16 9th August 2013 18:16
Ssangyong Motor’s Korando Turismo - 11 seater swiftnfurious The International Automotive Scene 8 6th February 2013 14:08


All times are GMT +5.5. The time now is 01:05.

Copyright ©2000 - 2017, Team-BHP.com
Proudly powered by E2E Networks