Ford, Mahindra Agree to New Joint Venture
Ford Motor Company and Mahindra & Mahindra Limited have entered into a new joint venture that will leverage both brands’ cachet to increase sales in India and abroad. The new JV sees Mahindra controlling a majority stake at 51 percent with Ford controlling the other 49 percent. Per the deal, the joint venture will cover […]
Ford and Mahindra Sign MoUs for Engine, Telematics Developments
Ford Motor Company and Mahindra Group singed two agreements in October that continue the companies’ strategic alliance with one another. A definitive agreement was reached between Ford and Mahindra with regards to powertrain sharing, which will result in the development of a Bharat Stage VI-compliant, low-displacement gasoline engine that Mahindra will provide to Ford India […]
Ford, Mahindra Expand Partnership for Joint Development of SUVs, EVs
Six months removed from the announcement of a Memorandum of Understanding, Mahindra Group and Ford Motor Company on Thursday announced that they will be co-developing new SUVs and a small electric vehicle as part of five new non-binding MoUs. “Ford is committed to offering the best vehicles, technologies, and services that fit the lifestyles and […]
Ford, Mahindra Group Reach Memorandum of Understanding for Collaborative Efforts
Ford Motor Company has announced that has reached a memorandum of understanding with Mahindra Group to work together in the aim of strengthening its presence in India and helping to facilitate Mahindra’s plans to expand into emerging automotive markets. The partnership is set to last for upwards of three years and will include collaboration with […]
India’s Mahindra Buys 33% Stake in Mitsubishi Agricultural
News out of Mumbai today, as auto giant Mahindra & Mahindra (M&M) buys a healthy chunk of Mitsubishi’s agricultural arm. Mitsubishi Heavy Industries signed a $25 million agreement with Mahindra on Thursday, solidifying M&Ms 33% voting stake in its agricultural subsidiary, Mitsubishi Agricultural Machinery Company (MAM). Rajesh Jejurikar, President and Chief Executive (Farm Equipment and […]
Lia Farley, Wife of New Ford CEO, is a Budding Rock Star
It seems like Lia Farley is living the dream. She’s following her passion as a musician, playing guitar and singing in United Kingdom-based band Winding Road. Her husband, Jim, made a tidy $8.4 million in 2019 and recently took over as the CEO of Ford. On Sunday, the proud hubby and new head man at […]
Environmental Groups Want Electrified Mail Trucks, and So Should You
In case you haven’t heard, the nation’s fleets of United States Postal Service mail trucks is currently on the precipice of a huge change—the traditional, instantly-recognizable Grumman “Long Life Vehicle” mail trucks of the past 30 or so years are set to be replaced. Currently, the answer to who will make all of these vehicles […]
CEO Hackett Outlines Ford’s Future: Financial Fitness Through Cost-Cutting and Smart Investments
Ford CEO Jim Hackett on Tuesday spoke with investors in New York to divulge his plans for the automotive and mobility company moving forward. Hackett’s presentation—as well as the presentations of Executive Vice President and Chief Financial Officer Bob Shanks, Executive Vice President and President of Global Markets Jim Farley, Executive Vice President and President […]
Delhi Car Ban Leads to Rising Used Car Sales
It seems that critics of Delhi’s car ban were right—in the face of a possible car ban that would take your car off the street on certain days depending on whether it had an even or odd license plate number, it seems that people are simply getting a second, used car for the off days. […]
Hyundai iX25 SUV Receives Name & Release Schedule
Back in November 2014, Hyundai unveiled a ready-for-production B-segment CUV called the iX25 at the Guangzhou Auto Show. Based on a concept launched a year ago at the Beijing Auto Show, this compact SUV was strategically developed for China and similar Asian markets. After heavy testing in the Indian markets, Hyundai is preparing to release […]
Four International Hyundai Models Are Getting Makeovers
While Hyundai was preparing for a special reveal of four all-new models at its Product Momentum Show December 10th, the rest of the world received word of four existing international Hyundai models undergoing cosmetic tweaks. The Korean automaker has been busy expanding its global repertoire, as evidenced by advertising and new model initiatives in locations like India. Some […]