A press release this morning indicates that Mahindra & Mahindra Ltd has rejected a USD $35 million order for the Indian made Mahindra compact diesel pickup trucks placed by its US importer and business partner, Global Vehicles USA.
The release goes on to state:
“Mahindra views this order as another example of Global Vehicles' policy of engaging in PR theatrics while pursuing an unnecessary lawsuit. This is Global Vehicles' continued attempt to manipulate the press to damage Mahindra's reputation. Mahindra also believes that this is an attempt by Global Vehicles to distract Mahindra from pursuing other plans to bring its vehicle to the US market.”
To read the entire press release, click here: Mahindra Rejects any attempt by Global Vehicles to order Mahindra vehicles as it is Invalid