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I am wondering if they grossly underestimated how hard it would be to get a truck never engineered for the US market certified or if they are just trying to scam investors and dealers and have no serious intention of ever bringing the truck here.
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Comparing the potential money to be made by having product to sell and the limited money made selling dealerships, GV isn't likely the problem. It is likely either the product (TR20 or TR40) or the manufacturer (Mahindra).