The companies said in separate statements that the decision was driven by changes in the global economy over the last 15 months, causing both to reassess their capital allocation priorities.
source https://www.carandbike.com/news/ford-mahindra-call-off-auto-joint-venture-report-2346308
source https://www.carandbike.com/news/ford-mahindra-call-off-auto-joint-venture-report-2346308
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