Ford may partner with or buy out Tata Motors domestic PV business
Wednesday, February 22, 2017, 5:56 PM
Ford Motors is thinking of a buyout or partnership with Tata Motors, for passenger vehicles. Ford is eager to expand its business in India and is thinking of an equity deal with Tata Motors. In September last year, Ford said they are going to pursue the India business expansion, very aggressively. Tata Motors passenger vehicles segment has seen consistent fall in last 4 years.