Ford India to shut down both factories, announcement shortly

Ford's hastily organised townhall by Indian management reflected the woes of the US automaker's journey in India. It has been struggling amid weak domestic volumes, falling exports, and a lack of new products for the domestic market. It seems to be following the lines of General Motors, which exited India in 2017.

from Auto-Industry-Economic Times https://ift.tt/3tzbq15