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Register to stop seeing this ad! A short while ago, Syracuse.com published then retracted a story providing details of US-based company, Bannon Automotive LLC, filing a lawsuit on Monday against Mahindra Reva Electric Vehicle Co....[[ This is a content summary only. Visit my website for full links, other content, and more! ]] More...
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Chris Winfield www.MahindraPlanetBlog.com US Mahindra news and commentary since 2008... |
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We're seeing a trend here. Bannon filed a lawsuit against Mahindra yesterday on similar grounds as GV did in July. Basically, Mahindra told Bannon in August (in an email) that they don't have a car ready for them to sell and haven't spoken with them since. Bannon is assuming that Mahindra wants to dissolve their license so they can use other means of distribution. Sounds familiar.
If you follow Reva news, you know that Mahindra launched the Revai in India last week. I suspect that was the motivation for Bannon to file the suit.
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Chris Winfield www.MahindraPlanetBlog.com US Mahindra news and commentary since 2008... |
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So what happens when GV or Bannon wins their law suit? Can they actually force Mahindra to follow through with the terms of the agreement or can they only hope for recouping their investment to date? If Mahindra doesn't stand a chance of winning in court, why did they enter into these agreements- have circumstances changed or will they pull the rabbit out of the hat? Maybe the two deals are tied together in that if they go forward with the one deal on our soil they will be more exposed in the other.
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http://www.rwolaw.com/pdf/bruno-rp.pdf |
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2012 Equinox LTZ,AWD. Still waiting for a diesel..... |
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This article appeared in our local paper today:
Alpharetta importer ratchets up legal action against Indian automaker | ajc.com It does indeed make references to franchisees and Georgia state law. |
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2012 Equinox LTZ,AWD. Still waiting for a diesel..... |
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