Tag: auto sector

03 Oct

Mahindra & Mahindra – Ford JV: Near term benefits visible; long term hazy

Mahindra & Mahindra (M&M) announced a joint venture (JV) with Ford India (FIPL) for 51% equity stake and 50% of the board seats. Key positives are: 1) widens the scope of the ongoing collaboration to include product development, manufacture & distribution; 2) brings cost synergies due to platform sharing, joint platform sharing (M&M expects this […]