India: Ford join forces with Mahindra, plans to end independent business

  1. Welcome to GM Inside News Forum – General discussion forum for GM

    Welcome to GM Inside News Forum - a website dedicated to all things GM.

    You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, at no cost, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, Join GM Inside News Forum today!
     
Results 1 to 5 of 5

Thread: India: Ford join forces with Mahindra, plans to end independent business

  1. #1
    GMI Staff Member Premium Member nadepalma's Avatar
    Join Date
    Jan 2003
    Location
    New Jersey
    Posts
    10,622
    Thanks
    349
    Thanked 1,796 Times in 905 Posts
    My Ride
    2007 Ford Fusion

    India: Ford join forces with Mahindra, plans to end independent business

    Ford plans to end independent India business, join forces with Mahindra
    'It's like a partial exit,' one source says
    REUTERS
    Apr 9th 2019
    autoblog.com

    NEW DELHI, India — Ford is nearing a deal with Mahindra & Mahindra to form a new joint-venture company in India, a move that will likely see the U.S. automaker cease independent operations in the country, two sources with direct knowledge of the talks told Reuters.

    The deal would make Ford the latest automaker to pare back its interests in India. At the end of 2017, General Motors downsized its Indian operations and stopped selling cars locally, dealing a blow to Prime Minister Narendra Modi's strategy to encourage domestic manufacturing.

    Over two decades, Dearborn, Michigan-based Ford invested more than $2 billion in India but has consistently struggled — it currently has a market share of just 3 percent in India, one of the world's fastest-growing car markets.

    CONTINUE AT LINK ABOVE
    "La vita è come un albero di Natale..c'è sempre qualcuno che ti rompe le palle!"

  2. Remove Advertisements
    GM Inside News
    Advertisements
     

  3. #2
    2.8 Liter Turbocharged V6
    Join Date
    May 2003
    Posts
    905
    Thanks
    401
    Thanked 266 Times in 139 Posts

    Re: India: Ford join forces with Mahindra, plans to end independent business

    GM beware! The same will happen in China. The Chinese gov will welcome US investment with false promises of giant future profits, then require profits stay in China or limit sales to local companies only. China will take all of GM's IP on EV production, then turn around and sell low cost EV to the EU when they enact more zero emission requirements.

  4. #3
    2.4 Liter SIDI ECOTEC
    Join Date
    Nov 2013
    Posts
    330
    Thanks
    228
    Thanked 343 Times in 144 Posts

    Re: India: Ford join forces with Mahindra, plans to end independent business

    The most interesting thing I learned from this article is that India still drives on the left side. Ha, who knew...

  5. Remove Advertisements
    GM Inside News
    Advertisements
     

  6. #4
    6.2 Liter LS9 Supercharged V8
    Join Date
    Aug 2009
    Location
    England
    Posts
    7,447
    Thanks
    677
    Thanked 2,317 Times in 1,790 Posts
    My Ride
    VW Touareg 3.0 V6 TDI

    Re: India: Ford join forces with Mahindra, plans to end independent business

    Quote Originally Posted by canadian.bacon View Post
    The most interesting thing I learned from this article is that India still drives on the left side. Ha, who knew...
    Which means GM weren't interested in the market.

  7. #5
    R2-D2 Astromech Droid Ed753's Avatar
    Join Date
    May 2005
    Location
    Michigan
    Posts
    18,547
    Thanks
    12,059
    Thanked 7,805 Times in 4,643 Posts
    My Ride
    2018 GMC Sierra Crew 6 1/2'

    Re: India: Ford join forces with Mahindra, plans to end independent business

    A buddy of mine worked for Ford, during the downturn he took a role in India, he was trying to get out (and back home) for the longest time, I think he got downsized out and "sent home" about a year ago. Based on what he told me this, or something like this was a long-time coming.

    (and the reason he couldn't just quit and leave is he married a girl there, her parents were resisting her moving to the US, especially if he didn't have a job; hard to interview in the US when you live in India)
    Current: Hidden Content Hidden Content

    Past: '17 Cruze; '15 F150; '14 Volt; '13 MKX; '13 Silverado; '13 Fusion; '11 Ram; '10 Commander; '08 Sierra; '07 Rendezvous; '05 Ram; '04 Grand Cherokee; '03 F150; '01 Silverado; '00 Jimmy; '99 Sierra; '97 Ram; '96 Mustang GT; '96 Jimmy; '90 Escort GT; '89 Ranger; '84 Omni; '76 Malibu; '78 LeMans; '85 Escort; '82 Lynx; '75 Sierra

  8. Remove Advertisements
    GM Inside News
    Advertisements
     

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Ford plans to end independent India business, join forces with Mahindra
    By DequindreToo in forum Ford Motor Company Discussion
    Replies: 0
    Last Post: 04-09-2019, 09:24 PM
  2. Replies: 10
    Last Post: 11-09-2012, 09:46 PM
  3. Chrysler, Ford dealers join Mahindra group
    By nadepalma in forum Competition News
    Replies: 25
    Last Post: 06-17-2009, 03:43 PM
  4. Breaking: Daimler and Ford join forces with AFCC to develop automotive fuel cells
    By Stéphane Dumas in forum Ford Motor Company Discussion
    Replies: 0
    Last Post: 11-08-2007, 06:47 PM
  5. Six Delphi unions join forces to take on auto supplier
    By Ramair-WS6 in forum Automotive Industry & GM News
    Replies: 121
    Last Post: 11-14-2005, 10:56 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Powered by vBadvanced CMPS v4.1.2