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