Ford Mahindra Enter New JV & All You Need to Know

  • by Team ZigWheels   |
  • October 15, 2019
  • View : 2517


- The JV will not affect on Mahindra and Ford’s individual identities in India market. - Mahindra is owing total 51% stake in it. - JV to spawn a total of seven products to be shared by Mahindra and Ford. Under the new joint venture Mahindra will hold 51 per cent stake, while Ford India will be a 49 per cent stakeholder. Ford will transfer its whole operations to the JV including both assembly plants in Sanand and Chennai. This new JV will not affecting on Ford and Mahindra’s individual retail operations in India. Both brands will continue to have their own individual identities, sales and service networks. Apart from that, the joint venture will result in seven new products. For more details and video reviews of the latest cars/bikes, do subscribe to ZigWheels: https://bit.ly/2T1LJD2 #FordMahindra #newJV #ZigWheels
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