To Drive Profitable Growth in India and Emerging Markets
Volkswagen to join Ford in investing in Argo AI, the autonomous vehicle platform company, at a valuation of more than $7 billion.
To be built on a Mahindra product platform and powertrain
Both companies sign agreements on powertrain sharing and connected car solutions
To gain speed in designing more stylish vehicles for its customers
Plant upgrades to build new Ford Expedition and Lincoln Navigator
Approximate investment of $3.5 million
Part of the 13 new global EVs it plans to introduce in the next five years
Mazda Motor Corporation, PSA Group, Fuji Heavy Industries Ltd. (FHI) and Suzuki Motor Corporation are the first automaker members of the consortium
New Edge, Focus and Escort drive 22% increase