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09-25-2019, 08:30 AM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Plants/Manufacturing (https://www.autoblog.com/category/plants-manufacturing/),Ford (https://www.autoblog.com/ford)
https://o.aolcdn.com/images/dims3/GLOB/crop/2846x1601+349+621/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2019-09/af847c40-df94-11e9-b3ec-cc74251025fb Ford Motor Co and Mahindra & Mahindra are likely to sign a deal next week to form a joint venture in India, two sources told Reuters, in a move that will see the U.S. carmaker end most of its independent operations in the country. The two companies have for months been structuring the deal to create a new entity in which Ford will hold a 49% stake, while Indian rival Mahindra will own 51%, Reuters reported in April. Under the deal Ford will transfer most of its automotive assets and employees Continue reading Ford, Mahindra close to forming a joint venture in India (https://www.autoblog.com/2019/09/25/ford-mahindra-joint-venture-india/)
Ford, Mahindra close to forming a joint venture in India (https://www.autoblog.com/2019/09/25/ford-mahindra-joint-venture-india/) originally appeared on Autoblog (https://www.autoblog.com) on Wed, 25 Sep 2019 09:03:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
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https://o.aolcdn.com/images/dims3/GLOB/crop/2846x1601+349+621/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2019-09/af847c40-df94-11e9-b3ec-cc74251025fb Ford Motor Co and Mahindra & Mahindra are likely to sign a deal next week to form a joint venture in India, two sources told Reuters, in a move that will see the U.S. carmaker end most of its independent operations in the country. The two companies have for months been structuring the deal to create a new entity in which Ford will hold a 49% stake, while Indian rival Mahindra will own 51%, Reuters reported in April. Under the deal Ford will transfer most of its automotive assets and employees Continue reading Ford, Mahindra close to forming a joint venture in India (https://www.autoblog.com/2019/09/25/ford-mahindra-joint-venture-india/)
Ford, Mahindra close to forming a joint venture in India (https://www.autoblog.com/2019/09/25/ford-mahindra-joint-venture-india/) originally appeared on Autoblog (https://www.autoblog.com) on Wed, 25 Sep 2019 09:03:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2019/09/25/ford-mahindra-joint-venture-india/) | Email this (https://www.autoblog.com/forward/2172217/) | Comments (https://www.autoblog.com/2019/09/25/ford-mahindra-joint-venture-india/#comments)
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