Truck shoppers hoping to grab a Mahindra pickup early next year are gonna have to wait a little longer. It seems the challenges of bringing an India-made vehicle to the U.S. are difficult, and the vehicles now won't go on sale in the U.S. before the fourth quarter of 2009. Even though 324 dealers have signed up to sell the truck, few of them have actually built the needed facilities. That's not enough to keep Georgia-based Global Vehicles from going ahead with their plans to begin U.S. sales. But GV's CEO John Perez recenly spoke to Mahindra's global managing director Anand Mahindra who, according to Automotive News, said that no truck with his family's name on it was going to fail in the U.S. Mr. Mahindra plans to run a fleet of his company's vehicles over 3.2 million miles of U.S. roads before he'll be approve the trucks for sale here. The plan is for the trucks to utilize a 4-cylinder diesel engine not yet approved by the EPA. But Perez says he has no fear their January application will have any trouble getting blessed. While the trucks are getting some U.S. experience, Global Vehicles will continue to sign up new dealers, and hopes to have 450 by the end of 2009. The importer has a sales goal of 50,000 vehicles a year, though Mahindra says it could produce as many as 400,000 U.S.-bound trucks if demand is there. And if Mahindra's promise of 30 mpg holds true, there could be huge demand. If things go well, look for a diesel-powered Mahindra SUV to follow.
Despite assurances from top GM brass, every bidder for the troubled HUMMER brand appears to be removing itself from the rumormill. Considered one of the strongest suitors interested in the off-road marque, India's Mahindra is the latest brand to pull out of consideration. According to Vice Chairman Anand Mahindra, "There has been a lot of speculation. I want to say categorically we are not pursuing HUMMER." That sounds pretty definitive to us, leaving Tata Motors as the only company from India still reportedly interested. Russian billionaire Oleg Deripaska has pulled his name out of the mix, as has China's Hunan Changfeng Motor Co. Until an official announcement is made, all of this is just speculation, but we have to wonder just how valuable the HUMMER brand could possibly be now that its sales have plummeted so far and so fast.
General Motors is already having meetings with its dealers regarding all the possibilities for its HUMMER brand. According to reports, there are several companies interested in making a purchase of the military-inspired vehicles, though Tata Motors now appears uninterested despite earlier reports. One suitor is said to be Mahindra & Mahindra, the Indian company that plans on making a big splash entering the American market itself over the next few years. Just-Auto quotes an unnamed official at the company who says "Mahindra is very keen on acquiring the Hummer." Hmm... Isn't it interesting how one little word can change the meaning of an entire sentence. Anyway, Mahindra already produces a vehicle that shares an eerie resemblance to the original GI-spec HUMMER that it sells to the Indian military.
Currently, the vast majority of Hummer sales are made in the States, but Mahindra doesn't sound worried about that. "The U.S. market might not be able to afford their own HUMMER any longer, but India is a growing and strong economy. When Indians like something we go out and get it, no matter what the cost, because we know how to make it work for us," according to an unnamed source. Uh huh... good luck with that.
While it might not be the prettiest girl at the prom, we're still extremely intrigued by Mahindra's upcoming diesel pickup for the American market. Up until today, we've been referring to the new truck as the Appalachian, though reports now indicate that it will drop that moniker. Apparently, the Indian company wants to highlight its own name in an effort to build some much-needed brand recognition in a market it has never played in before. For that reason, some sort of nondescript name made from numbers and/or letters is to be expected.
Mahindra's newly un-named truck will feature a new four-cylinder diesel engine produced just for the States with help from Bosch and AVL. Power output should hover around 150 horses, though torque is expected to be a massive 300 lb-ft. Coupled with what should be reasonable fuel economy from just 2.2 liters of displacement, we think that Mahindra's new pickup could re-ignite the compact pickup market in no time at all. At least one domestic brand might be thinking the same thing, as this spy shot indicates that one of Detroit's finest brought one over for testing.
Got an automotive brand to sell? It doesn't matter how it's performing in the marketplace, whether its products are outdated or just not popular in the present buying climate. If you've got one, an Indian automaker wants to buy it. At least that's the way it seems after learning that two Indian automakers, Tata and Mahindra, have approached General Motors to purchase the HUMMER brand. GM only announced that it would begin considering what to do with HUMMER this week.
Tata has already gobbled up Jaguar and Land Rover from Ford, but apparently is still hungry for some more American-owned metal, and what's more American than HUMMER? Mahindra, meanwhile, will be bringing its diesel-powered Appalachian pickup to the U.S. market by the end of 2009. Tata and Mahindra tend to go after the same things, as both were bidders for Jaguar/Land Rover and both are competing for the right to own motorcycle manufacturer MV Agusta. Of course, neither India-based company is commenting on their interest in HUMMER and GM's all like, "Whoa, we just said we were thinking about it" (not an actual quote). HUMMER sales last month fell 60.2% last month compared to May 2007, and with gas prices going up and up, the poster brand for insensitive consumption may not have long to live under the GM corporate umbrella.
Tata Motors, rumored to have been interested in purchasing a large chunk of Italian motorcycle maker MV Agusta, could have some competition. Another large Indian conglomerate, Mahindra & Mahindra may now be interested in a controlling stake in the storied company. According to India Automotive, the potential exists to gain instant traction in the global motorcycle market by picking up MV Agusta, and the Italian company could use the extra funds from a large and profitable company to release a new line of more competitive machines.
Volkswagen, are you paying attention to all of this? As we've previously reported, the German automaker has expressed interest in purchasing an established motorcycle brand, even going so far as to mention Ducati by name. MV Agusta would offer instant credibility and would be a rather easy entrance into the marketplace.
Potential buyers interested in the upcoming Mahindra & Mahindra Appalachian pickup truck will get a sneak-peek of the new machine at the upcoming SAE World Congress, April 14-17 in Detroit, Michigan. The most interesting part of this news, though, is that the vehicle on display will sport a diesel/electric hybrid drivetrain, which could be the first and only such system sold in the U.S. The standard diesel Appalachian truck is expected to come with a 2.2-liter four cylinder diesel engine putting out between 140 and 150 horsepower along with 300 lb. ft of torque. Expected to sell in the low $20,000 range and be available in both two and four-door versions, Mahindra could potentially re-ignite the small truck market abandoned long ago by American automakers. With the hybrid option coming in at around $5 grand more, before any available tax credits are applied, we think that this upcoming Indian truck will make some waves here in the states when it goes on sale in 2010.
Indian automaker Mahindra & Mahindra Ltd. will shake up the U.S. truck market next year when it introduces a new midsize pickup called the Appalachian sporting a 2.2L four-cylinder diesel engine producing around 150 horsepower and 300 pound feet of torque. Speaking with Mike Levine from Pickuptruck.com, John Perez, the CEO of Atlanta-based importer Global Vehicles U.S.A. that's aiding Mahindra's entry into the U.S. market, revealed that the truck will deliver 30 to 35 miles per gallon and cost in the mid-$20,000 range. It will be paired with a six-speed automatic that's controlled via a floor-mounted shifter or paddle shifters(!), have a class-leading payload of 2,600 lbs. and feature a 60,000-mile, four year bumper-to-bumper warranty.
If that's not enough to strike fear in domestic and import truck makers alike, Mahindra has also revealed plans to sell a diesel hybrid version of its pickup by 2010. If it happens, the diesel hybrid Appalachian will be, as far as we know, the only diesel hybrid on sale in the U.S. market and achieve fuel economy figures even higher than its diesel-only counterpart. Imagine a midsize pickup in the low-$30,000 price range capable of 40+ mpg.
The Appalachian has yet to go through U.S. certification for emissions and safety, but the company is spending $80 million to ensure its truck passes with no issues. After that, production will begin in India on March 15, 2009, but the trucks will finish assembly at a plant in Ohio to avoid high import taxes. After that, customers can visit a 300-strong dealer network with 24 standalone dealerships, one of which is already under construction.
Outside of China, the biggest potential market for vehicles is in India, and Tata's recent bid for Jaguar and Land Rover proves that Indian automakers will be a force with which to be reckoned in the future. Chrysler recognizes this and in order to expand its own global reach might be looking to get into bed with one of India's up-and-comers.Reports are beginning to surface that Chrysler may be considering a joint venture with India's Mahindra & Mahindra and in the process might gain an equity stake in the automaker. The news comes soon after a report that Mahindra might be pulling out of a joint venture with Nissan-Renault to build a $1 billion plant in India. If Chrysler can shore up ties with Mahindra while simultaneously pursuing its new ventures with Russia's Gaz, its dwindling market share here in the U.S. may be less of an issue.
Source: AutoObserver
At least one of the tenderers in the race to buy the jaguar and the Rover Land was dropped out of competition. The Indian manufacturer Mahindra and Mahindra apparently could not obtain the guarantees that they wanted to consider provisioning of powertrain. New limits on CO2 of the emissions took into account to be issued in EU starting in 2012, the capacity of the two marks to meet the standards with their greater installations of vehicles a problem, as well.
The question of emissions can also play a part in the decision of Ford to discharge the companies and not to keep any stake of the whole in them. Mahindra was really only interested by Land Rover, but Ford wants to sell the two companies like total market. The Indian competitor Tata de Mahindra is always in operation and aligned a technical business of support with FIAT if the sale intervenes.
