Mahindra Presenting Bid to Buy Pininfarina this Month
Indian automaker Mahindra & Mahindra will present its bid for Italian design house Pininfarina this month.
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is an Indian automaker who has been trying to break into the American market for some time. Watch for a small truck from them in the future.
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Mahindra Eyes US Entry… Again
India’s largest maker of SUVs is eyeing the U.S. market again.
Indian Automaker Wants to Buy Pininfarina
India’s largest SUV manufacturer is eyeing the company responsible for designing the Ferrari Testarossa.
Mahindra Hopes to Close Aston Martin Deal
Indian automaker Mahindra and Mahindra is hoping to close a deal on Aston Martin by the end of this week, having topped a previous offer from Italian private equity firm InvestIndustrial.
Mahindra & Mahindra Tech Center Launched in Motor City
After a failed U.S. launch that resulted in lawsuits and lost dollars, Indian aautomaker Mahindra & Mahindra is setting up a technical center in the Detroit suburb of Troy, once again with hopes of bringing the brand to the States.
Mahindra Denies Would-Be Dealerships’ Fraud Allegations
Following a lawsuit filed on June 4, Indian automaker Mahindra is refuting the allegations that it $9.5 million cash and an additional $100 million in trade secrets.
2013 Mercedes-Benz GL to Debut at New York Auto Show
Six years ago, Mercedes-Benz unveiled its new GL Class crossover, a full-size vehicle designed specifically for the North American market, at the 2006 North American International Auto Show. Enjoying quite a bit of commercial success, Mercedes-Benz now prepares to unveil a refreshed second-generation 2013 GL Class for the upcoming New York Auto Show. Details are…
Mahindra and Mahindra Hopes Fade For Small Truck in U.S.
The relationship between Indian automaker Mahindra and Mahindra and Global Vehicles USA is finally severed, thanks to an arbitrator, but the six-year tale that lead to this divorce takes a little more telling than that. When Mahindra decided to market a light truck in the U.S., it turned to company Global Vehicles USA. That was…
Mahindra Interested in Saab?
Reportedly talks are underway between Mahindra & Mahindra and Saab’s administrators, though so far, as to which Saab assets are up for grabs, little has been revealed, Mahindra & Mahindra in particular, remaining very tight lipped on the matter.
Ssangyong To Sell Vehicles In The United States By 2016
Is America ready for another strange-sounding offshore nameplate? That answer seems irrelevant in light of Ssangyong’s new plans to introduce their vehicles in America by 2016, with a goal to be in the marketplace by 2013. Ssangyong has a history of making fairly rugged SUVs that have been sold in global markets. While their previous…
Mahindra Pickup Gets 19/21 MPG According To EPA
Perhaps he’s referring to Imperial miles per gallon instead of US measurements – even still, 21 mpg US results in 25 imperial miles per gallon and the Mahindra truck would have to get at least 25 mpg US on the highway to achieve the hallowed 30 mpg (Imperial); there’s also the factor of variables such...
Mahindra Buys Ssangyong, Maker Of The World’s Ugliest Car, For $463 Million
India’s Mahindra will buy troubled Korean carmaker Ssangyong for $463 million, with Mahindra gaining a 70% stake in the company. The deal is expected to conclude in March, 2011. “Together with its financial capability, Mahindra offers competence in sourcing and marketing strategy while Ssangyong has strong capabilities in technology,” Mahindra President Pawan Goenka said in…
Mahindra Pickups Should be On Sale This Spring Says Distributor
Yet despite his optimism it looks like this little truck might already be a lame duck. Maindra brass have said there is still no ‘planned date’ for a US introduction.
Mahindra’s U.S. Launch Postponed Indefinitely
Beleaguered Indian truck manufacturer Mahindra has had their American launch delayed indefinitely, thanks to a series of legal battles between Mahindra and vehicle importer Global Vehicle Sales USA. Global Vehicles argues that Mahindra wrongfully terminated the contract between the two companies. “The bottom line here is Mahindra now believes this is a huge project. They…
Mahindra Rejects Global Vehicles’ Pickup Order
Mahindra is also sticking fast to it’s claims that the contract between it and Global has expired and it is free to pursue it’s own channels of distribution for the trucks in the US.
Global Vehicles Orders $35 Million Worth of Mahindra Trucks for U.S. Sale
Now that they have, Mahindra still wants to rescind the contract between it and GV, but there’s evidence to suggest that the company’s argument won’t hold up in court.
Mahindra Deliberately Voided Contract for U.S. Distribution Says Importer
Now, that clause has come to mean something slightly different: GV, having invested several million dollars up front to secure a distribution network for the trucks is now out in the cold and Mahindra is washing its hands clean.
Mahindra Import Agreement On the Rocks?
According to an official press release on Mahindra’s US website “the agreement dated 26th September 2006, between Mahindra and GV” has been “terminated.”
Mahindra Acquires Bankrupt Automaker Ssangyong
India’s Mahindra has nearly completed a purchase of Korean carmaker circus freakshow Ssangyong, maker of the world’s ugliest vehicles. “We give the takeover candidate (Mahindra and Mahindra) an exclusive right for negotiation, and won’t be involved in any takeover-related activities with a third party,” Ssangyong said in a statement. Financial terms were not announced but…
Mahindra Granted EPA Certification for Pickup; U.S. Sales Expected to Follow
The trucks will be powered by a modified version of the ‘Hawk’ 2.2-liter in-line four-cylinder diesel, which will employ exhaust urea injection to help meet US smog requirements.
Mahindra Soap Opera Takes a New Turn as U.S. Launch Looks Unlikely
According to Mike Geylin, spokesman for GV USA, Mahindra has repeatedly dragged its feet regarding the launch date and the lawsuit “seeks to compel the Indian company to honor it’s contractual obligations.
U.S. Mahindra Launch Delayed – Again
However, according to a statement from Pawan Goenka, Mahindra’s President of Automotive Operations, the US launch has been postponed – from Spring until December 2010.
