Mahindra and Ford announced today that they will not continue the joint venture in India. The companies said in separate statements that the decision was driven by changes in the global economy over the past 15 months, prompting both to re-evaluate their capital allocation priorities. In 2019, Ford and Mahindra …
Read More »Ford and Mahindra cancel auto joint venture
The companies said in separate statements that the decision was driven by changes in the global economy over the past 15 months, prompting both to re-evaluate their capital allocation priorities. By Reuters | Updated: Jan 1, 21 at 08:04 am IST 3,450 Points of view Ford Motor Co said on …
Read More »In a surprise move, Ford and Mahindra cancel proposed auto joint venture
NEW DELHI: In a sudden and surprising move towards the close of 2020, the American automaker Ford and homegrown Mahindra and Mahindra decided to cancel their car joint project, blaming the decision on the “world economy and business conditions caused, in part, by the global pandemic ”. Ford insisted that …
Read More »Harley Davidson to leave India and take $ 75 million in restructuring costs
Iconic American motorcycle manufacturer Harley-Davidson, Inc. (Harley) will discontinue its sales and manufacturing operations in India. The move is seen as part of its global restructuring initiative, under which it plans to exit international markets, where volumes and profitability have been elusive. Industry sources said Harley is also exploring a …
Read More »Ford EV Mustang Cobra Jet Good for 1,400 HP, 8s Quarter Mile
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Read More »Ford Mustang Cobra Jet 1400: the electric dragster will silently kill the drag strip
[ad_1] Remember the fully electric. Chevrolet eCOPO Camaro? Yes, Ford has something that rivals it. On Thursday, the Blue Oval revealed the Ford Mustang Cobra Jet 1400, which marks the first time Ford Performance has tackled a purely electric dragster. Let’s go straight to the good, shall we? As the …
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