Anish Shah will transition to become Managing Director and CEO on April 2, 2021, replacing Goenka, who will retire after his term ends.
Ford could slash USD 20 billion out of a five-year, 2018-2023 product plan.
We no longer think that growth in India will be an uninterrupted move upwards, Suzuki President Toshihiro Suzuki cautioned.
The joint venture between Ford India and Mahindra will result in new models for India and other emerging markets.
The two auto majors have for months been negotiating the deal, which will see Mahindra hold 51 per cent stake and Ford own 49 per cent.
PV production in the April-July period stood at 12,13,281 units as against 13,97,404 units in same period last fiscal.
The new line-up of EcoSport would be cheaper than last year's in the range of Rs 8,300 to Rs 57,400.
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