The decision fuelled speculation that the US company may be considering a re-entry into the world’s third auto largest market after exiting over two years ago. The company’s Maraimalai Nagar-based plant has been on the block after Ford got out of India amid mounting losses and the slowdown that gripped the passenger vehicle market after the Covid-19 pandemic in September 2021.
from Auto-Industry-Economic Times https://ift.tt/I4O7J1z
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