Mahindra Import Agreement On the Rocks?
What’s next? Well, in the ongoing saga of Mahindra’s supposedly U.S. bound pickup, who knows? The latest is an apparent termination of the agreement between the Indian vehicle maker and Global Vehicles Inc., the company it had tasked with importing its HR series two and four-door pickups to the US. According to an official press release on Mahindra’s US website “the agreement dated 26th September 2006, between Mahindra and GV” has been “terminated.”
However, according to Global Vehicles, things remain very much “business as usual.” But due to repeated delays in introducing the vehicle, after GV spent some $35 million in setting up a U.S. distribution network , the Georgia based company has filed a lawsuit against Mahindra. It also says that the Indian manufacturer’s decision to terminate the agreement is “invalid under applicable laws of the United States and the State of Georgia, something which Mahindra continues to disregard.”
This comes hot on the heels of the trucks finally being granted EPA certification. Mahindra says that a Stateside launch is still on track for December 2010, but given how things have panned out so far, you can bet they’ll be a few more twist and turns in the coming months.
[Source: Motor Trend]
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