The Wall Street Journal reports this morning that Mahindra will first consider Navistar (International Truck and Engine Corporation) facilities first when they begin looking for an assembly location in the United States. A decision on a plant location will be considered around December of 2010, according to Mahindra & Mahindra President, Automotive Sector, Pawan Goenka.
Goenka goes on to say that Mahindra plans to launch the TR20 and TR40 pickups in March of 2010, with vehicle deliveries to start in the April-June quarter.
US vehicle manufacturing will be done on a contract basis with minimal investment in US-based infrastructure for Mahindra. Goenka also mentions that the new SUV platform being developed will be positioned above the current Scorpio model. No timelines are given for US arrival of SUV models.
To read the complete article, go to: Mahindra May Use Navistar Plant to Make Scorpio Pickup
Source: WSJ
Goenka goes on to say that Mahindra plans to launch the TR20 and TR40 pickups in March of 2010, with vehicle deliveries to start in the April-June quarter.
US vehicle manufacturing will be done on a contract basis with minimal investment in US-based infrastructure for Mahindra. Goenka also mentions that the new SUV platform being developed will be positioned above the current Scorpio model. No timelines are given for US arrival of SUV models.
To read the complete article, go to: Mahindra May Use Navistar Plant to Make Scorpio Pickup
Source: WSJ
0 comments:
Post a Comment