Automotive Business

Automotive Business News

Competition Commission gives nod for Mahindra & Mahindra, Ford Motor joint venture
Business

Competition Commission gives nod for Mahindra & Mahindra, Ford Motor joint venture

In October last year, Mahindra and Mahindra said it would buy 51 percent stake in Ardour Automotive Pvt Ltd for around Rs 657 crore

Mahindra to take control of Ford's India auto business; JV to sell both companies’ cars in country, emerging markets
Business

Mahindra to take control of Ford's India auto business; JV to sell both companies’ cars in country, emerging markets

The JV expects to introduce three new utility vehicles under the Ford brand, beginning with a new mid-size sports utility vehicle that will have a common Mahindra product platform and powertrain.