Mahindra & Mahindra to assemble Scorpio in Brazil, Egypt
16 Aug 2007
Mumbai: Mahindra & Mahindra (M&M) plans to launch its Scorpio SUV in the Brazilian and Egyptian markets.
While the company will assemble the Scorpio in Brazil, it will export knocked-down units to Brazil for local assembly.
The Mumbai-based automaker has tied up with a local partner in Egypt to undertake the imports and assembly of the knocked down kits.
In Brazil it has tied-up with Bramont as its local Brazilian partner to assemble annually 5,000 units of the Scorpio, marking the company''s. This is the company''s second entry in Latin America after Uruguay, where it assembles the Bolero.
Tata Motors also has Latinn American operations in Brazil and Argentina.
To
celebrate M&M having reached the manufacture of two
million vehicles, it donated two Scorpios to non-governmental
organisations. On the occasion, Keshub Mahindra, chairman,
M&M, said, "We took 50 years to sell the first
million vehicles. The next one million was achieved in
10 years."
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