Mahindra & Mahindra, which is the sole owner of Logan now, has slashed the prices of the car by Rs 24,000/- to Rs 80,000 depending up on the variants The price reduction is a move by the company to give its customers a better value for money vehicle.
Last week Mahindra bought 49% stake in the JV from Renault. This gives 100% rights to the company on Logan. Mahindra plans to bring in more models on the present Logan platform.
Logan was successful vehicle when it was launched, but eventually lost its ground due to various reasons. The small car norm of 8% tax was a major setback for the car because it was slightly bigger than the small car dimension. Secondly, for its value for money package, it ended up finally as a good comfortable cab.
However now with full authority on the car, Mahindra is thinking positive and planning to bring in more innovative products from the platform. A chopped boot Logan and a sub 4 meter mini SUV are in the pipeline.
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