Ford puts projects with Mahindra on hold amid India strategy reassessment

Ford Motor has frozen all projects it was working on with Mahindra & Mahindra while it finalises a new India strategy, three people familiar with the U.S. carmaker's plans told Reuters, weeks after the two companies called off their planned joint venture.
"The options could include working out a new relationship with Mahindra or ending the relationship and related vehicles completely," one of the sources said.The two other sources said they expect Ford to make a decision in about a month on whether to proceed with Mahindra in a different form or not, adding Ford Chief Executive Jim Farley wants to see a path to greater profitability in India.