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Ford Motor Company (NYSE: F) has confirmed that it's forming a joint venture with Indian automaker Mahindra & Mahindra Ltd. (OTC: MAHMF) that will take over much of Ford's struggling business in India. The new joint venture will be valued at $275 million, far below the rough...
Is Ford Motor Company (NYSE: F) about to throw in the towel in India? Reuters is reporting that Ford is close to a deal to transfer most of its assets and employees in India into a new joint venture with Indian automaker Mahindra & Mahindra (OTC: MAHMF) . According to the report, ...