EXCLUSIVE Mahindra-Ford-SsangYong alliance emerging
Mahindra & Mahindra Managing Director Pawan Goenka, who concurrently serves as chairman of the SsangYong Motor board, speaks during an interview with The Korea Times at Mahindra's office in Seoul, Thursday. This photo was taken from a videotape recorded by Han Su-jin, Korea Times intern.By Oh Young-jin Mahindra & Mahindra, the Indian multinational automaker, seeks to have SsangYong Motor, in which it has a major stake, join a three-way alliance with Ford Motor, its joint venture partner, in developing products ― including electric vehicles ― platform sharing and global marketing, a senior Mahindra official says. “SsangYong products are very much similar to products Mahindra and Ford are developing,” Pawan Goenka, Mahindra's managing director and chairman of the SsangYong board, said in an exclusive interview Thursday at his office in Seoul. ”SsangYong can also participate in product development, which will help reduce costs substantially ― cost sharing among three parties rather than two.”“Ford is very well aware of our SsangYong ownership and th
Oct 21, 2019By Oh Young-jin