M&M, Ford in strategic pact for powertrains

NEW DELHI: The M&M group and Ford Motor on Wednesday strengthened their ongoing strategic alliance by signing two agreements, under which they will jointly develop connected vehicle solutions. The agreements 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 agreement, Mahindra will develop and supply a low-displacement petrol engine to Ford India for use in its present and future vehicles, starting in 2020,” M&M said. PTI