Ford-Mahindra deal called off due to high costs, pandemic impactAutomakers Ford and Mahindra & Mahindra have called off their deal to form a joint venture company to acquire the former’s India business, ...
01 Jan, 2021, 11.13 PM IST
Mahindra-Ford joint venture plans called off due to changing global economic conditionsChanges were influenced due to separate decisions by Ford and Mahindra to reassess their respective capital allocation priorities. The US c...
01 Jan, 2021, 08.03 PM IST
Mahindra to focus on SUVs, electric after ending Ford JV talksAnish Shah, the deputy managing director, said Mahindra will focus mainly on large SUVs for its core India market in the short term and mov...
01 Jan, 2021, 04.41 PM IST
Ford pulls plug on plans to cede India business to Mahindra, cites pandemicThe future of Ford’s business in India is unclear as it has struggled for more than two decades to grow in the world’s fourth-largest auto ...
01 Jan, 2021, 07.54 AM IST
Ford bets on high-performance vehicles for higher mindshareThe company has underperformed the overall market and its share has shrunk to 2%, with sales of 17,643 vehicles in the first six months of ...
21 Oct, 2020, 06.52 AM IST
Mahindra-Ford venture set to name Anurag Mehrotra as Chief ExecutiveMehrotra, as the managing director of Ford India, was responsible for turning around the maker of the Figo and Eco-Sport that posted a prof...
06 Mar, 2020, 08.03 AM IST
Anurag Mehrotra to take charge of Mahindra-Ford JV as CEOMehrotra, as the managing director of Ford India, was responsible for turning around the maker of the Figo and EcoSport that posted a profi...
05 Mar, 2020, 11.36 PM IST
Competition Commission of India gives nod to Ford-Mahindra joint ventureCompetition Commission of India has given nod for a joint venture between Ford Motor and Mahindra and Mahindra.
10 Feb, 2020, 08.04 PM IST
SsangYong to join Mahindra-Ford alliance in product sharingBoth the B (B772) and C segment SUVs (W601), which are under development for the JV company, will be shared by Ssangyong Motor Company. Sim...
03 Jan, 2020, 11.25 PM IST
M&M, Ford won’t cross-badge cars for IndiaPawan Goenka, managing director of Mahindra & Mahindra, told that although the JV partners will bring both businesses closer on product dev...
16 Dec, 2019, 11.12 AM IST
Mahindra & Mahindra confident about Ford JV, analysts not so sureM&M and Ford (India) recently announced a joint venture, with the former holding a 51% stake.
14 Oct, 2019, 06.15 AM IST
JV plan with Ford may give only a limited boost to M&M valuationSynergies from the JV expected mainly from manufacturing platform; challenges from vendor base and work culture could be daunting.
04 Oct, 2019, 10.28 AM IST
Mahindra set to take control of Ford’s India auto businessFord will transfer its India operations to the joint venture, including manufacturing plants & employees.
02 Oct, 2019, 07.55 AM IST
M&M forms JV with Ford, picks 51% stake in India unitFord will retain its engine plant operations in Sanand and global business services units.
01 Oct, 2019, 05.40 PM IST
M&M shares rise amid reports of JV with FordThe deal would make Ford the latest automaker to pare back its interests in India.
10 Apr, 2019, 03.50 PM IST
Mahindra & Mahindra, Ford to ride together?The proportion of shareholding will see Ford's holding at 49% and M&M's stake 51%, the channel claimed.
21 Aug, 2018, 10.46 PM IST
- Bear Stearns enters India
US financial services major Bear Stearns is entering India by acquiring US automaker Ford’s financial arm Ford Automotive Finance Company.
15 Aug, 2007, 01.31 AM IST