UPDATE 2-U.S. carmaker Ford, India's Mahindra to develop SUVs, electric vehicle
March 22, 2018 at 12:47 PM EDT
NEW DELHI, March 22 (Reuters) - U.S. carmaker Ford Motor Co and India's Mahindra & Mahindra said on Thursday they have signed an agreement to develop midsize and compact sports utility vehicles (SUV) and an electric vehicle, which Ford could also potentially sell in other markets outside India.