Global Vehicles USA, the Atlanta-based company that holds the rights to sell Mahindra’s pickups in the U.S., has dropped a lawsuit against the Indian-based company in federal court over delays getting Mahindra's compact diesel trucks certified for sale in the U.S., according to report by Automotive News.
Last September, Global Vehicles' CEO John Perez also said Mahindra was taking unfair advantage of an escape clause in its contract with GV to terminate its relationship.
Binding arbitration between the two companies is still pending. The case is scheduled to be heard in the U.K in August.
[Source: Automotive News]