Business Standard

Monday, December 23, 2024 | 08:36 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

M&M, Ford strengthen their alliance in powertrain sharing, car solutions

The companies also announced the joint development of a telematics control unit

Mahindra & Mahindra
Premium

File photo: The logo of Mahindra and Mahindra is seen at a showroom in Mumbai

Press Trust of India
The Mahindra group and Ford Motor on Wednesday strengthened their ongoing strategic alliance by signing two new agreements, under which they will jointly develop connected vehicle solutions and the domestic firm will supply powertrains to the American firm's domestic unit.

The definitive agreements on powertrain sharing and connected car solutions reinforce the progress made in the strategic alliance between the two companies, first announced in September 2017 and followed up with five agreements in March 2018.

"Under the definitive agreement on powertrain sharing, Mahindra will develop and supply a low-displacement petrol engine to Ford India for use in its present and future

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in