Navistar Purchase Opens Door for M&M
Navistar is acquiring GM's medium-duty truck line. Navistar subsidiary International Truck and Engine Corporation (ITEC) has formed a $90m joint venture with Mahindra & Mahindra (M&M) to build diesel engines for medium- and heavy-duty vehicles. Put it all together and you have a ready-made source of medium-duty diesel trucks that fit into Manindra International's global expansion plans AND a way for Mahindra to get name recognition in the U.S. truck market. You heard it here (via India Times) first: it's only a matter of time before we see Mahindra's light-duty trucks and its other commercial vehicles sold stateside under the M&M or Navistar/International brands. Meanwhile, the Times also reports that M&M have pulled-out of negotiations for Ford's Jaguar and Land Rover brands. While we have studiously avoided reporting all the baseless conjecture surrounding the British brands' disposal, you gotta love the unavoidable logic of this explanation:"'The whole deal was considered to be very complex, prompting the company not to pursue it,' a source said."
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Hmm, I smell M&M powered Dodge diesels in 2010. That completes the theory of Navistar telling Ford to go pound sand, and Cerberus telling Cummins the same thing. Cummins will sign with Ford when their Chrysler contract runs out. No clue where GM's C/K pickup fits into this. Namaste.
Mahindra Scout.
Add also the following -Renault have a joint-venture with M&M to build the Logan in the Indian market -M&M still build the Jeep CJ-3B under licence when they acquired http://en.wikipedia.org/wiki/Mahindra_%26_Mahindra_Limited http://www.mahindrasmallcv.com/mahindrapikup_overview.html looks like this became a bit more confusing as we dig deeper... And also there some rumors of a Navistar takeover by IVECO owned by the group Fiat or the MAN group http://en.wikipedia.org/wiki/MAN_AG
How about a M&M Caliber?