Logan Prices Reduced By Rs 80,000

By By:Suparna Chakraborty

Mahindra Logan
Mahindra & Mahindra, India's largest utility vehicle and tractor maker, has declared to cut down prices of Logan by Rs 80,000, to provide better values to customers.

Mahindra has also bought 40 percent stakes of it's French partner Renault in makes and sells Logan in India.

This decision was taken on account of difference of opinion on design and engineering of Logan. At the time when it's rivals like the Maruti Suzuki and Hyundai are capturing the market with a plethora of cars, Mahindra cannot stick to the production of just one model.

Logan witnessed a major slag in sales. It's sales figures fell down to 500, at the time when Maruti Suzuki sold around 50,500 cars a month and the vehicle market grew at 25% in March.

Reduction in the prices is Mahindra's is it's way to catch up with the market again and reading their strategy of gaining back their sales figures it can be hoped that Mahindra will soon come with a new design.

Article Published On: Friday, April 23, 2010, 16:04 [IST]
Read more on: #logan
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