Thursday, February 18, 2021

Ford puts projects with Mahindra on hold as it reassesses India strategy: Sources

Ford and Mahindra had proposed a joint venture to develop at least three sport-utility vehicles (SUVs) for India and emerging markets, as well as share suppliers, powertrains and technology. The $275 million deal, which would have ended most of Ford's independent operations in India, was called off on Dec. 31.

from Auto-Industry-Economic Times https://ift.tt/2ZAVxsF

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