DETROIT — Chrysler and General Motors appear to be following Ford's lead in cultivating closer ties with India's automakers. GM is discussing the sale of its Hummer brand to Indian SUV specialist Mahindra & Mahindra, while Chrysler is negotiating a possible alliance with Tata, the Indian company that last month acquired Jaguar and Land Rover from Ford.
It would have seemed like a bad joke to even consider selling any premium mark to a foreign government much less India..Insert crude Joke here…
India is now one of the worlds fastest growing economies, and with its share of Billionaire entrepreneurs, and a possible perfect fit for an ailing domestic auto maker to sell or strike up an alliance.
You can’t blame ford or GM for trying to stake territory in a country with the kind of potential that India shows,my only guess is that both automakers would probably come to the negotiating table in a position of weakness and may not be able to strike the most lucrative deal.
Otherwise it looks like GM may be stuck with Hummer for a while and Ford
is still looking for answers to it’s financial predicaments.
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