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Mahindra Announces JV with Ford Motor, Tractor Exports Drop 41%

October 3, 2019 | Posted in Ag Equipment Worldwide
Ford Motor announced on Oct. 1 that it has agreed to sell a majority share (51%) of its business in India to Mahindra & Mahindra as part of a $275 million joint venture, according to a report by CNBC. This venture will develop, market and distribute Ford brand vehicles in India and Ford brand and Mahindra brand vehicles in “high-growth emerging markets around the world,” according to Ford.
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Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

In this episode of On the Record, brought to you by Weasler Engineering, we look at how the Port of Baltimore's closure will alter the flow of high horsepower tractors in and out of the country. In the Technology Corner, Noah Newman talks about some changes coming to drone operation regulations. Also in this episode, Kazakhstan's potential for the North American ag equipment industry and what 2024 holds for the sprayer market.
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