Report: Mahindra says it has terminated U.S. dealer agreement

[NINETY EIGHT REGENCY]

Report: Mahindra says it has terminated U.S. dealer agreement

by Jonathon Ramsey (RSS feed) on Aug 28th, 2010 at 11:25AM

Mahindra's four-year saga with Global Vehicles is taking so many turns, it should get a telenovela on Univision. When we recently posted that the Pik-Up finally received EPA certification, GV and its dealer network were excited and ready to go. However, commenters on that post noted a message on Mahindra's site indicating that the company's relationship with GV was kaput.

Mahindra hasn't said a word since, but Global Vehicles and the dealers have let folks know that they aren't impressed and that they have no idea what Mahindra thinks it's doing. Global Vehicles' official response was, "such attempted termination is invalid under applicable laws of the United States and the State of Georgia, something which Mahindra continues to disregard." And a dealer who's got a showroom ready to sell Pik-Ups in December said, "If they're still coming in December of this year like they've said they are, they're coming through my dealership, and that's all there is to it."

GV has taken the unusual step of initiating arbitration in the United Kingdom, in the belief that legal action here could further delay the anticipated retail sale date. We'll wait to hear what Mahindra has to say on the matter, and we're sure that the folks waiting to buy a TR20 or TR40 Pik-Up hope Mahinda talks soon -- and with some good news this time.

link:

http://www.autoblog.com/2010/08/28/report-mahindra-says-it-has-terminated-u-s-dealer-agreement/