Mahindra and Renault launch the Logan, prices begin at Rs 4.28 lakhs
Mahindra-Renault today unveiled the much awaited ‘Logan’ - an entry-level no frills sedan - with prices starting at Rs 4.28 lakhs 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 crores. While the 1.4 litre petrol engine variant is priced at Rs 4.28 lakhs (ex-showroom Mumbai), the 1.61 litre carries a price tag of Rs 5.69 lakhs. The 1.5 litre diesel engine car, which has two variants, comes at a price of Rs 5.47 lakhs to Rs 6.44 lakhs.
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.
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Published on Tuesday, Apr 3rd, 2007 at 2:08 pm under categories : Mahindra, RenaultTags :
I have seen the car at the display today at Mumbai & it would be a pity to say that my expectations were much more and I was dissapointed. The features that were in the GLE/DLE could have been made better espacially the power windows & the trip/fuel meter. the pricing was also not encouraging. Mahindra just worked the pricing between the TATA - Indigo & FORD - Feista. They should hav egiven more thought since they are launching a new model. Customers who buy this car now wil feel cheated after 8-10 months when the company will bring down the prices or add some freebies to compete in the market. I certainly would invest my money in a better car with better features in the middle level segment.
Comment by sk April 8th, 2007 at 5:22 pmHey there…well Logan was teh highest selling sedan in august now wasnt it…and i believe its still doin gr8…as it is i think it was teh cheapest car in its segment so dun think price is an issue here…i mean the features are quite acceptable…n the custoemrs wuold always have the option of customization rite?? so id say…its a good value for money car..
Comment by Gautam November 8th, 2007 at 10:14 amThey raised the prices!!! now the top end is in same price bracket with Fiesta and Indigo XL!!!! I don’t know how come this car is value for money? You get a hell lot better cars in that prices!!
Comment by Kiran December 14th, 2007 at 4:08 amThey’re probably gambling with its “wide body” feature.
Comment by iWonder December 19th, 2007 at 2:23 am