Mahindra & Mahindra Ltd hastily issued a press release on Saturday in response to the Mahindra Planet post from Thursday regarding the possible assembly of Mahindra pickup trucks in a Navistar-owned facility in Alabama. Interestingly, Mahindra is falsely stating that MP believes that Navistar will be producing Mahindra TR20 and TR40 pickups. It is MP’s understanding that Mahindra will produce these vehicles (build all components in India) and that Navistar will be the assembly partner and possible distributor for Mahindra vehicles in the USA. This would be a partnership similar to the one Mahindra established in Brazil in 2008. Brazilian company, Bramont, assembles and sells Mahindra pickups exclusively for the Brazil market. Mahindra produces the vehicles, Bramont assembles and distributes them. Read this article: Indian Mahindra Starts Production in Brazil
Never mind the fact that Mahindra also
MUMBAI, India, December 17, 2011 /PRNewswire via COMTEX/ -- "There have been reports in certain quarters of media and online space stating that Navistar USA will produce Mahindra's T20 and T40 pick ups in Alabama, USA in 2012, which are completely baseless & incorrect. If & when there are any material developments, Mahindra & Mahindra Limited will communicate them directly and transparently."Sources: As hyperlinked
7 comments:
I'm done with them. All talk and no show.
Mahindra & Mahindra and transparency don't belong in the same sentence.
I wouldn't put it past those slimey folks to hide behind a statement with obvious typos.
I'm done with Mahindra to. And the way they screwed the dealer network , It'll be a cold day in hell.
I am in construction and curently have (6) vehicles licensed on the road and perhaps 12 to 16 pieces of equipment that I rely on. They are from all over the world. My personal main stick is my 2010 Hyundai accent with the rear seat removed, already at 24,000 miles. I would by a Mahindra site unseen. I would write the check and not be concerned about color. Just put a pencil to it and it makes sense. The rest of you girls go spend your forty thousand dollars, and when your sewer backs or you need my services, I will come look at your job in my mahindra with a small fuel tank, and matching tool box! Laughing all the way to the bank...
Mr Z.
Seems that M&M's having a rough time on the industry. They should make up for this if they want continued success. The mistake was big.
I can't blame mahindra. I willing to bet that we talked them into something that they at first didn't understand."you wont be able to sell them here without an american based center and by americans selling to americans" and sooo when the response was over the top, they figured out that,that will sell themselves with a monkey holding the contract. You bet we tried to fool them and they worked their way out.With that inmind they will sell for alot cheaper, without all the dealer markup, one can wish. Goooo Mahindra I am here and ready
It's George Bush's Fault
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