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Ford pulls plug on plans to cede India business to Mahindra, cites pandemic » TechnoCodex
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Ford Motor Co. is reversing plans to cede most of its Indian operations to Mahindra & Mahindra Ltd., deciding to pull out of a proposed joint venture and continue its standalone business in the country. The companies agreed to terminate the venture after reassessing in part due to the global coronavirus pandemic, they said Thursday. […]
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