Mahindra & Mahindra today said it has renamed the ‘Logan’ sedan as ‘ Verito , over a year after breaking up its joint venture with Renault. there is no changes in the price of it.
Company said ” We are delighted to announce that the Logan will now be called the Verito. It will sport the Mahindra badge and emblem.”
The Renault logan is currently available in both petrol and diesel variants and its priced between Rs 4.67 lakh and Rs 6.47 lakh (ex-showroom).
Mahindra & Mahindra had agreed to buy out Renault’s 49 per cent stake in the JV for an undisclosed sum. As per the both Automotive company understanding, Mahindra could use the Logan brand for 18 months after which it was to drop all the Renault badge from the product as well as dealerships.