Ford Co and Mahindra and Mahindra go their way and the agreement of collaboration wrap up and both of the companies is abandoning the joint venture in India.
Ford and Mahindra were proposed to develop atleast 3 utilities vehicle (SUVs) in India and emerging markets, share suppliers aswellas powertrains and technology. The deal, would be ending the Ford's independent operations in India was called off on Dec 31.
The companies taken up a decision on March end to with draw relationship and end all round talks.
"As part of winding down the relation ship cooperate product programmes will not be continued. We are currently rescoping those product programmes", said Ford India spokesman. Independent operations in India will continue ford.