Thursday, December 31, 2020

Mahindra-Ford joint venture plans called off due to changing global economic conditions

Changes were influenced due to separate decisions by Ford and Mahindra to reassess their respective capital allocation priorities. The US car maker will continue with its joint projects, with Mahindra & Mahindra expected to produce the cars for Ford through contract manufacturing tie-up.

from Auto-Industry-Economic Times https://ift.tt/3hw9797

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