Indian company interested in Hummer
An Indian tractor company is interested in General Motors' Hummer. Scott Jagow talks to reporter Mehul Srivastava in New Delhi about the company's interest in breaking into the U.S. market and why they're getting involved.
General Motors' Hummer HX, a greener kind of Hummer (Bryan Mitchell/Getty Images)
More on Auto Industry, Mergers/Acquisitions
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From Dallas, TX, 08/01/2008
Mahindra and Mahindra (http://www.mahindra.com/index/sitemap.htm) makes a variety of vehicles including farm tractors. They are better known in India for the Classic Jeep derived utility vehicles. They have been making these "Jeeps" for over 50 years to supply the Indian semi-urban, rural, government and military markets. More recently they have diversified into other areas including information technology, infrastructure and finance. They also have a venture with Renault to make the Logan car. So representing them as a tractor company is sensational rather than informative.
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