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Mahindra Cancels TR40 Pickup for U.S. Market, Can't Meet U.S. Regulations

Jason Udywriter

Indian automaker Mahindra & Mahindra announced it has ceased efforts to bring the TR40 pickup to the U.S. The automaker has spent $100 million since 2006 trying to meet U.S. regulations.

Mahindra cites tough U.S. regulations and changes in market conditions to explain why development on the truck is stopping. The news comes a month after the automaker wasn't able to obtain the certification required to bring the TR40 to the U.S. market, Reuters reports.

Mahindra and Global Vehicles, its U.S. distributor, were involved in a dispute that was settled in the automaker's favor by an international arbitration panel. The automaker also faced lawsuits from U.S. dealers alleging the company has "intentionally delayed certification of its vehicles."

The automaker currently sells tractors in the U.S. market, but could enter the U.S. market through its Ssangyong, its South Korean brand. In the meantime, those waiting for a compact diesel truck in the U.S. will have to keep waiting.

Source: Mahindra, Reuters

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