Porsche trashes cheating charges, readies response
This follows the appointment of Volkswagen Group Sales India in April last year as the sole importer of Porsche cars in India and the termination of the previous eight-year-old contract with Precision Motors, reportedly without any notice.
The Volkswagen Group owns Porsche and seven other car brands, including Audi, Skoda, Lamborghini, Bentley and Bugatti.
“The allegations in the criminal proceeding in which the court in Jaipur/India has issued the bailable warrants are in the view of Porsche baseless and without any material substance. Porsche is taking steps to have the warrants and criminal proceedings quashed within the applicable periods. Porsche's lawyers are confident to be able to demonstrate that the complaint is completely frivolous,” a company statement said.
The arrest warrants were issued by a Jaipur High Court order dated November 5, 2012, based on which local police and the CBI approached the Interpol to arrest the accused who were based out of Germany and the UAE.
Precision Motors had filed a case pertaining to “cheating, extortion, dishonestly inducing delivery of property, criminal breach of trust and criminal conspiracy” against Porsche.
Promoted by Mumbai-based Ashish Chordia, Precision Motors is also the Indian importer for other luxury car brands, such as Ferrari and Ducati. Sector
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