Thursday, July 8, 2010

Breaking: US Mahindra Entry Depends On Lawsuit Outcome

"We are going as per (our) original plan for the launch of the pick-up truck in the US, but can't say on the actual time of launch, as it will depend on the outcome of the litigation," - Mahindra & Mahindra President (Automotive and Farm Equipment) Pawan Goenka

According to NDTV Profit, Mahindra is no longer committing to a December 2010 launch date for US pickup trucks. With an actual launch hinging on a lawsuit (filed by US importer, Global Vehicles) that Mahindra has previously claimed has “groundless”, US fans of the India-made, mid-size diesel pickups could find delivery postponed indefinitely.

Click here to read the article: Our US entry depends on outcome of lawsuit: M&M

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