Ford Company gave this response – On this whole matter, a Ford company spokesperson said to The Economic Times that, we would not like to comment on the speculation. At the same time, he said that the company wants to assess its capital. The answer to which is expected by the second half of this year.
Also Read: Ola Scooter Bookings Open, Book Your Favorite Electric Two-Wheeler For Just Rs.499
Talks of Ford derailed with Mahindra Earlier Ford Motors was in talks with Mahindra & Mahindra. In which both the companies would develop vehicles together as well as produce vehicles in cross bank with Mahindra. In this plan, there was talk of producing 4 lakh units per year. But the talks between Ford and Mahindra could not reach the last stage. Due to which Ford Motors is considering other options.
Read Hindi News online and watch Live TV on Hindi website. Know news related to country and abroad and your state, Bollywood, sports world, business.