The United States District Court in Atlanta, USA, issued an order on March 14, 2014 denying the plaintiffs' motion for class certification in a lawsuit brought by US automobile dealers against Mahindra & Mahindra.

The plaintiffs in Ackerman vs. Mahindra & Mahindra, Ltd. took legal action against M&M based on agreements they had made with Global Vehicles USA, Inc., a former distributor for the company.  The plaintiffs sought to represent all dealers who entered into agreements with Global Vehicles to sell Mahindra vehicles in the United States.

The court concluded that a number of factual and legal issues regarding dealer claims must be resolved on a case-by-case basis, and that this case was inappropriate for class certification.

This order is a significant achievement for Mahindra in its defense of these claims, as these claims can now proceed in litigation only on an individual basis. Mahindra is pleased with this result, and remains convinced that the dealer claims brought against it in this and other suits have no merit.

About Mahindra

The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.

A USD 16.7 billion multinational group based in Mumbai, India, Mahindra employs more than 180,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in  tractors ,  utility vehicles , after-market , information technology and vacation ownership . In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence , energy,  financial services , industrial equipment, logistics,  real estate , retail, steel, commercial vehicles and  two wheeler industries.

In 2012, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. In 2013, the Mahindra Group received the Financial Times 'Boldness in Business' Award in the 'Emerging Markets' category.

Visit us at www.mahindra.com

For further enquiries

Roma Balwani                                         

Chief Group Communications Officer

Mahindra & Mahindra Ltd.                                           

Phone: +91 22 2490 1441                                             

Email:  balwani.roma@mahindra.com

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