Showing posts with label contract. Show all posts
Showing posts with label contract. Show all posts

Saturday, December 17, 2011

Lexus Won't be Getting BMW Diesels Despite Toyota's Tie-Up with the Bavarian Brand



Recently, Toyota and BMW finalized an contract to discuss applications and multiple engineering to propagate the cost of creating low exhaust automobiles. Under the new cope, BMW will provide Toyota with 1.6-liter and 2.0-liter four-cylinder diesel-powered applications beginning from 2014.

At the time, many were questioning if Toyota's top quality company Lincoln, which plays with BMW, would also get diesel-powered applications from the Bavarian business. As it changes out, the reply is no.

''The contract with BMW does not involve any provide of BMW applications to Lincoln,'' Toyota The western union associate Etienne Plas informed Autonews The western union.

Asked by In german business magazine WirtschaftsWoche if the engineering tie-up with the Toyota Team would give Lincoln an benefits, BMW's progression primary Klaus Draeger said that this won't occur as the diesel-powered applications "are not thought out for use in the Lincoln brand".

Professor Ferdinand Dudenhoeffer from the Middle for Vehicle research at the Higher education of Duisburg-Essen in Malaysia informed the magazine that due to Lexus' low revenue, it should you choose for Toyota to location the company as an "innovation leader" in The western union and to "go towards plug-in compounds and full hybrids".

Lexus' European revenue in the first 11 several weeks of the year were 24,623 while the BMW company provided 590,453 vehicles in the same period.
PHOTO GALLERY

Saturday, May 28, 2011

Report: Mahindra introduction to U.S. ‘indefinitely delayed’


We apparently won’t be seeing any Mahindra trucks on U.S. roads any time soon. The company has announced that it has no date in mind for its American introduction, and that as of right now, its progress into this market is indefinitely delayed. The hangup resides in an ever-growing legal battle between the Indian company and its almost-was importer here in the States, Global Vehicles USA. As you’ll likely recall, GV USA claims that Mahindra improperly terminated its contract with them earlier this year, noting that the automaker now wants to sell vehicles directly to U.S. customers instead of going through a middle man.


Mahindra, meanwhile, says that it doesn’t want to get into a “war of words” with its former importer. Also, the company has made it clear that it still wants to break into the American market. How exactly it plans to do so is still somewhat murky, however.


In the meantime, Global Vehicles USA has filed an injunction in federal court claiming breach of contract and urging the court to bar Mahindra vehicles from entering the states in the future.


One thing’s for sure, this mess has yet to completely unravel, and none of it bodes well for the availability of inexpensive diesel-powered pickups in America.







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