Thursday, November 23, 2006

More Competition for Big Three, From India

From the NY Times, an article "Indian S.U.V. Maker Plans to Enter United States Market":

India’s leading sport utility maker plans to sell its S.U.V.s and pickup trucks in the United States, bringing Indian-made vehicles to the United States for the first time. Mahindra plans to initially introduce a sport utility vehicle and a pickup. A diesel-electric hybrid version of the S.U.V. would follow. The hybrid, the first of its kind to be built in India, has just been developed.

Mahindra & Mahindra plans to sell its vehicles through Global Vehicles U.S.A., a distributor based in Alpharetta, Ga. Global would import the first group of the Indian vehicles in about a year and distribute them through a dealer network. The distributor said it had signed on 130 dealers so far and would add another 70 in the coming months.

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