Companies / India
Mahindra And Importer's Future Uncertain As Expansion Takes Its Toll
August 2010 | Company News AlertWhile BMI generally views the global expansion of emerging market (EM) brands as a positive development, Indian utility vehicle manufacturer Mahindra and Mahindra is finding its move into the US to be a steep learning curve. After facing a lawsuit from US importer Global Vehicles in June over the time taken to gain the necessary testing and certification to get vehicles on the market, Mahindra now claims that the four-year agreement between the two has been
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