Mahindra Signs Deal With Ford Motor To Make Midsize SUVs In India

Automaker Mahindra and Mahindra Ltd signed a deal with Ford Motor Co 's Indian unit to jointly develop midsize sports utility vehicles ...

Automaker Mahindra and Mahindra Ltd signed a deal with Ford Motor Co's Indian unit to jointly develop midsize sports utility vehicles in India, the company said on Thursday.

Also Read: Ford Likely To End Independent Business In India; Signs New Deal With Mahindra

Ford and affiliate companies will invest 6.80 billion rupees ($97.97 million) for the development of the vehicles over a period of 10 years, Mahindra said in a statement here

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