Mitsubishi Pajero Sport price slashed by Rs 1.87 lakh
Last Updated at
- 05:45 pm, October 19, 2012
Pajero Sport will now retail at Rs 22.56 lakh instead of Rs 24.43 lakh, thanks to the local assembly of the SUV.
Mahindra-owned Korean brand Ssangyong, which marked its debut into the Indian market a few days back with the introduction of the Rexton W SUV at an incredibly competitive price was certain to cause a stir in the high-end SUV segment.
And rightly so, Hindustan Motors have just announced to have slashed the cost of the Mitsubishi Pajero Sport by Rs 1.87 lakh. The Pajero Sport, which used to retail at Rs 24.43 lakh will now be accompanied with a a price tag that reads, Rs 22.56 lakh. (All prices are ex-showroom, New Delhi.)
Though we strongly believe that the Pajero Sports' price cut has been put into effect in order to still be a worthy contender to the Rexton on the price front, there is also an another legititmiate reason given by the company. Hindustan Motors is citing the reason for the price drop to the commencement of local assembly of the Pajero Sport at the company plant in Tiruvallur. The premium SUV that until now was being imported into the country via the CBU unit will now be imported via the CKD route and will be assembled in India.
At present, the company has reported to have a capacity to build 400 Pajero Sport models in a month and will scale up operations if the market demand increases. The localization ration currently stands at 14 per cent and the company is aiming to improve it to up to 30 per cent in the next fiscal year.
The CKD Pajero Sport comes with the same 2.5-litre Common Rail DI-D & VG Turbo engine that churns out 178PS of max power and 400Nm of max torque, On demand Super Select 4 WD, Rear Stabilizer, a 5.6m turning radius and other exact specifications for the new price.
First Published on 05:45 pm, October 19, 2012
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