US: Global Vehicles loses Mahindra arbitration

A UK-based arbitration panel has ruled against Global Vehicles’ claim that Mahindra & Mahindra violated its distribution agreement, reports Press Trust of India. Citing a statement from the company, PTI reports that the arbitrators ruled that the “distribution agreement with Global Vehicles had terminated according to its own terms and Subscribe to Automotive World to … Continued

• By Webmaster
• March 13, 2012