'Mahindra's growth in South Africa boosted by new models'

Image
Press Trust of India Johannesburg
Last Updated : Oct 19 2013 | 4:45 PM IST
Mahindra South Africa (MSA) has said it has positioned itself to continue as a fast growing automotive brand in the country with the launch of two new models in the first quarter of 2014.
"Since the last show here two years ago, Mahindra has grown by about 150 per cent," MSA chief executive Ashok Thakur said at the 2013 Johannesburg International Motor Show as the vehicles went on display for the visitors, who are expected to number 2,50,000 over the 10-day event.
Commenting on its distribution of vehicles manufactured by Korean manufacturer SsangYong since its acquisition in April 2012, Thakur said this had grown by about 280 per cent.
"So both these brands are growing rapidly and faster than the industry."
Thakur attributed this success to a strong network of 60 Mahindra dealers across the country, 36 of which have also taken on the SsangYong vehicles.
He claimed MSA scored on after-sales delivery against other foreign brands trying to make inroads into the highly competitive South African market.
"Thakur also announced an five-year or 1,50,000 kilometre warranty on its vehicles which he said would match the best of manufacturers across the globe.
"We are really proud of our achievements after nine years in South Africa," Thakur said, adding that the SsangYong component of Mahindra's business was an important part of the company's strategy in growing the business in southern Africa.
"The SsangYong range not only helps us provide a wider choice to consumers but also gives our dealers an opportunity to expand their market and to make their business more viable.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 19 2013 | 4:45 PM IST

Next Story