Business News
Home > Business News
Ford decides to stop car manufacturing in India
TIWN
TIWN
PHOTO : TIWN
Chennai, Sep 9 (TIWN) American automotive major Ford Motor Company on Thursday announced it has decided stop manufacturing at its two Indian plants, owed by its subsidiary Ford India Private Ltd, due to losses.
Ford India has two plants in India - one near Chennai and one at Sanand, Gujarat. It will, however, continue to provide customers in India with ongoing parts, service, and warranty support.
Add your Comment
Comments (0)
More Business News
- With April series having expired, expect markets to turn volatile
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report