Arrest Warrants Issued in India for Porsche’s CEO and Other Execs
When you work with people - and we can’t honestly find any segment of the industry that does not require it - there will always be at least one person not happy with the things you do or decide. Exactly the same happened to Porsche in India where apparently they managed to get their former dealer - Precision Cars - very angry.
In fact, things are very complicated as Precision Cars filed a criminal case against Porsche and the courts in Jaipur decided that Porsche CEO, Mattias Müller, and eight other Porsche execs can be arrested and issued warrants for said arrests.
In 2003, Porsche announced that Precision Cars would be its local distributor of cars in India. However, all of that changed in May of last year, as Porsche selected Volkswagen to be their distributor instead. Now Precision Cars claims they were not notified of the change and that leads to a breach in the contract.
Along with the criminal case against Porsche execs, the dealer also asked Interpol to help them attempt to apprehend "the bad guys." We highly doubt that Mr. Müller is sweating over this ordeal, as reports say that Porsche’s official response was “Good luck with that.”
It is pretty funny on one hand, but on the other hand, Porsche will have a lot to lose if they are forced to stop their activities in India, considering it has been a growing market in the past few years.
We’re going to make some popcorn and continue to watch this circus unfold…