Logan is being laid to rest. Mahindra Rise , the new owner of Logan has decided to rebrand Logan to Mahindra Verito. The death of Logan marks the volatile life of a brand and the logical end of a sour Joint Venture between Renault and Mahindra.
The death of Logan brings into life a new brand Mahindra Verito. The product has a new brand name and a new set of marketing mix elements too ( may be except distribution channel). It is expected that Mahindra will make some cosmetic change to the existing Logan and bring in a new identity for Verito. Verito is derived from the Latin word Veritas which means truth. It is said that Mahindra is particular that its vehicles name should end with O hence the name change !
The good news is that Verito will ensure that the car which is considered to be a good product suited to Indian conditions will continue its life. Mahindra is keen to develop new products based on the Logan platform and this ensures that the legacy of the brand will go on. And the existing owners of Logan can be relieved because the service support will continue. All these however depends on the success of Verito and the future relationship between Renault and Mahindra.
The rebranding of Logan to Verito makes sense to Mahindra because it marks the formal entry of the company into passenger car segment. Since the product is good, Mahindra needs to work on the branding part and the service support and I am sure that Verito will be a formidable brand in the market.