in April.

Also read: Maruti Suzuki to shut down Gurugram and Manesar production plants for 2 days

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As envisioned, the new entity will hold most of Ford’s assets in India, including the two car plants it owns in the country. Ford was one of the first automobile companies to enter India when it liberalized the economy in the early 1990s. Ford first entered India in 1926 but shut down that operation in the 1950s.

“Ford remains committed to growing its customer base and product portfolio in the world’s fourth-largest automobile market, and will continue to make in India, for India and the world,” Lori Arpin, a spokeswoman for the Dearborn, Michigan-based automaker, said in a statement while declining to discuss specifics. Mahindra declined to comment.

The deal will allow Mahindra toShare this article on LinkedIn Email

Marc VDS MotoGP team principal Michael Bartholemy has blamed a lack of support from Honda for his outfit losing Jack Miller for 2018.

Miller moved up to the premier class on a factory Honda contract after coming close to winning the 2014 Moto3 title, and spent the past two years at Marc VDS, scoring an unlikely win at Assen in 2016.

But after it became clear his factory deal wouldn't be renewed, the Aussie signed with Pramac Ducati for 2018.

Speaking to MotoGP.com, Bartholemy - whose team will field rookies Franco Morbidelli and Tom Luthi next year - admitted losing Miller was a major disappointment.

"Jack was my rider for 2018," Bartholemy admitted. "A manufacturer should not lose a rider like Jack Miller.

"It was important to keep