NUMMI will soon be a name for the auto history books. The Mahindra & Mahindra chapter is just getting started.
The Indian importer, which plans its U.S. debut for next year, says its looking to buy a U.S. factory to avoid the 25 percent tariff levied on imported pickups.
This a day after Toyota announced its dropping out of the 25-year-old NUMMI joint venture, leaving California without a mainstream auto plant next year. Exec Atsushi Niimi says high costs doomed the plant after GMs pullout.
Another GM venture, Hummer, may also soon be part of its past. Word out of China is that the deal to sell the brand to Tengzhong could be wrapped up next week.