Friday, August 2, 2024

Ford eyeing a comeback? US car giant may re-enter India with a green twist

Ford Comback in India: Ford is exploring a re-entry into the Indian market, focusing on electrics and sustainability. After exiting India in 2021, Ford is evaluating a feasibility report on new investments and production for local sales and exports. The company, which had invested over $2 billion in India, sees the market as vital for future growth amidst stagnation in Western markets.

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

No comments:

Post a Comment

Tesla's entry will help grow EV market in India, not worried about competition: BMW

BMW Group India remains optimistic about the EV market, viewing Tesla’s entry as a growth catalyst. CEO Vikram Pawah says competition boosts...