Global Vehicles and Mahindra’s part ways

“Mahindra’s relationship with Global Vehicles Inc (GV) has ended, the agreement dated 26th September 2006 between Mahindra and GV having terminated,” says the Mahindra & Mahindra (M&M) press note.

US based Global Vehicles and M&M had entered into an exclusive distributorship agreement for the importation of M&M’s automotive product portfolio to the U.S. market.

Both have been involved in lawsuits and counter lawsuits. Global vehicles first sued Mahindra in June, for delaying the launch of the Scorpio PickUp and claimed that it had spent approximately US$35 million for preparing for the launch of Mahindra’s UVs in the US and had signed up with as many as 360 dealers nationwide.