Global Vehicles' plans for Mahindra in the U.S. officially toast

It appears that a British arbitration panel has shattered any hopes of seeing a small diesel Mahindra pickup truck in the States. According to PickupTrucks.com, the panel ruled in favor of the Indian automaker in Global Vehicles' lawsuit against the company, saying the contract between the two companies had expired. Furthermore, Mahindra was not found to have violated any U.S. laws. The ruling is the final chapter in a saga that began six years ago when the companies announced that Global Vehicles would distribute Mahindra T20 and T40 compact diesel pickups in America.

In 2010, the deal began unraveling, with Mahindra saying Global Vehicles allowed the contract to expire. Global Vehicles, meanwhile, pointed the finger right back at its former Indian partner. It wasn't long before the American company then sought arbitration.

Global Vehicles has been ordered to pay court costs.

In a separate case, a group of would-be Mahindra dealers sued the Indian company in U.S. District Court, but that suit was thrown out after the judge ruled Global Vehicles was not the recognized agent for Mahindra in the United States.

http://www.autoblog.com/2012/03/13/g...icially-toast/