Ford may end independent India operations, eyes JV with Mahindra

Ford may end independent India operations, eyes JV with Mahindra

The logo of Ford Motor Company is on display at a dealership of Genser company in Moscow, Russia, February 14, 2017. REUTERS/Maxim Shemetov/Files

Ford Motor Co is nearing a deal with Mahindra & Mahindra to form a new joint-venture company in India, a move that will likely see the U.S. automaker cease independent operations in the country, two sources with direct knowledge of the talks told Reuters.

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