Tag Archives: Ford and Mahindra

Setback – Ford Motor and Mahindra End JV Discussions

The failure “was driven by fundamental changes in global economic and business conditions – caused, in part, by the global pandemic – over the past 15 months.  Those changes influenced separate decisions by Ford and Mahindra to reassess their respective capital allocation priorities,” Ford said. Ford in AI’s opinion is on track to lose $400 billion this quarter. Ford and Mahindra announced an alliance in September 2017, and it was expected to be operational by mid-2020. Continue reading

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Mahindra, Ford Agree on Connected Car, Powertrain Sharing

Both companies “continue to make progress on the remaining MoUs signed earlier this year. This includes leveraging their respective strengths on product development for India and emerging markets, including co-development of compact SUVs and electric vehicles.” Translation: Ford can’t afford to develop EVs on its own. Continue reading

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