Mahindra-Ford joint venture plans called off due to changing global economic conditions SECTIONS Share Synopsis Changes were influenced due to separate decisions by Ford and Mahindra to reassess their respective capital allocation priorities. The US car maker will continue with its joint projects, with Mahindra & Mahindra expected to produce the cars for Ford through contract manufacturing tie-up. Mahindra, Ford end discussions on automotive joint venture due to changing global economic conditions MUMBAI: The much awaited joint venture between Mahindra & Mahindra and Ford Motor Company has been called off due to significant changes in the global business environment due to Covid-19 pandemic. The decision follows the passing of the Dec. 31 “longstop,” or expiration, date of a definitive agreement the organizations entered into in October 2019.