SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Ford Motors entered the Indian automobile business in collaboration with which Indian manufacturer?
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Mahindra and Mahindra
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Tata Motors
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Maruti Suzuki
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Hindustan Motors
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Explanation:
Detailed explanation-1: -Ford and Mahindra had proposed a joint venture to develop at least three sport-utility vehicles (SUVs) for India and emerging markets and share suppliers, powertrains and technology. The deal, which would have ended most of Ford’s independent operations in India, was called off on Dec. 31.
Detailed explanation-2: -Ford Motors wanted to develop Ford India as a component supplying base for its other plants across the globe because: Ford Motors was selling 27 000 cars in the Indian market and 24 000 cars were exported from India to South Africa Mexico and Brazil.
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