Mahindra Refutes All Allegations of US Dealers
MUMBAI, June 7, 2012 /PRNewswire/ –
We have seen the press release issued by the legal firm of Diaz Reus and Targ which
claims to represent some US automobile dealers in a suit apparently filed on June 4, 2012
in the US District Court in Atlanta, Georgia against Mahindra & Mahindra Ltd. and Mahindra
We cannot comment on this as the matter is in the courts but we would like to state that
some dealers had earlier filed a suit against Mahindra and Global Vehicles in the US
District Court in Missouri. The Missouri Court dismissed all claims against Mahindra in
that suit. Significantly, the Missouri Court also ruled that Mahindra could not be held
liable for any action of Global Vehicles with respect to its dealers.
In a separate related development, an International Arbitral tribunal has in February
2012 dismissed similar allegations and claims against Mahindra made by Global Vehicles.
Mahindra is in the process of enforcing that arbitration award.
Mahindra unequivocally denies all allegations of fraud, misrepresentation and
For further information please contact: Ms. Roma Balwani Senior Vice President & Group Head, Corporate Communications Mahindra & Mahindra Ltd. Phone: +91-22-2490-1441 Fax: +91-22-2490-0830 Email: firstname.lastname@example.org
SOURCE Mahindra & Mahindra Limited