|
|
|
|
|
|
Welcome to the Australian Ford Forums forum. You are currently viewing our boards as a guest which gives you limited access to view most discussions and inserts advertising. By joining our free community you will have access to post topics, communicate privately with other members, respond to polls, upload content and access many other special features without post based advertising banners. Registration is simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please contact us. Please Note: All new registrations go through a manual approval queue to keep spammers out. This is checked twice each day so there will be a delay before your registration is activated. |
|
|||||||
| The Pub For General Automotive Related Talk |
 |
|
|
Thread Tools | Display Modes |
27-09-2019, 03:39 PM
|
#1 | ||
|
FF.Com.Au Hardcore
Join Date: Dec 2004
Location: Central Q..10kms west of Rocky...
Posts: 8,303
|
If the deal goes through, it will be latest step in Ford CEO Jim Hackett's drive to staunch the bleeding from the firm's overseas subsidiaries.
https://m.facebook.com/story.php?sto...8&id=821994907 According to Bloomberg, Ford is currently in discussions with Mahindra about a joint venture in India. The proposed deal would see Ford put most of its Indian assets into the new firm, of which it would own 49 per cent. Both companies will have equal board representation and voting rights in the joint venture. Under the current proposal, Ford is seeking to keep an export-focussed engine factory and its business services division as wholly-owned entities. It's unclear how much Mahindra would pay Ford for its assets, but it's understood to be significantly less than the roughly US$2 billion ($3 billion) it has invested over recent years.
__________________
CSGhia Last edited by csv8; 27-09-2019 at 03:45 PM. |
||
|
|
Ford Mahindra Joint Venture.
Linear Mode
