Ford India to exit market | Ford company leave India

Ford India to exit market | Ford company leave India
Articles Used:
timesofindia.i...
Ford is looking to wrap up its Indian manufacturing operations and may take a call on its Maraimalainagar and Sanand factories later this year. Towards this, the American automaker has been in talks with various car companies for both contract manufacturing and/or sale of its Indian factories, the latest with Ola, which could use Ford’s factories to build electric cars.
An Ola spokesperson refused to comment, while Ford India’s spokesman termed it speculative: "We would not like to comment on speculations. We continue to assess our capital allocations in India and expect to have an answer in the second half of this year,” Ford India’s spokesperson said.
Ford went slow with their contract manufacturing discussions for two years because "talks were at an advanced level with Mahindra & Mahindra" and was looking at "cross badging and new product alliance plans with the Indian partner would take care of Ford India's 400000 units per annum capacity at Maraimalainagar and Sanand," said a source.
After the talks with M&M fell through, in January, Ford initiated the process all over again to identify partners including MG, Changan and Great Wall. Changan and Great Wall though evinced preliminary interest, but dropped their India plans (for now) because of geo-political tensions at the Indo-China border. The passenger vehicle market has shrunk sharply leaving manufacturing capacities under utilised, across manufacturers.
"The uncertainty in the long-term growth prospects of the auto industry has resulted in serious challenges for Ford, including capacity utilization," said another source.
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[@marianopereira1820]

Thanks for your information

[@1234manasm]

here india buyer wants feature similar to toy car not a real fun to drive, safety features and value for money car

[@saurajshukla5388]

ये फोर्ड के खिलाफ साज़िश है फोर्ड कही नही जा रही हैं । पैसे लेकर कुछ भी कर रहे है सब।😠😠😠

[@theautoengineer4828]

Bro it is just speculative news out there, kyun ki ford ne pehle b mahindra ke sath tie up karne ka try kiya he to possibility he but no confirmation

[@kaushikdave3240]

Time will show the truth , Ford is for ever .

[@abidalikhan8226]

Ford best hai par sales me piche rahti hai

[@theautoengineer4828]

@@abidalikhan8226 Yes the quality is best of ford

[@tannu3331]

Time to time update nehi dega to aisa hi hoga.

[@theautoengineer4828]

I think they already had plans of being sold

[@krisshrivastava7127]

@FordIndiaHelp #FordIndia is the worst customer service providers and sole moto " Loot as much as, before running away". FordIndia clearly states " We sell cars to dealership & not customer " . #FordIndiahelp #FamilyWaliFeeling #customerspeak #FordMoments #GoFurther #FordFamily

[@theautoengineer4828]

Sad to hear

[@gamingsuniltube2177]

Gadi costly hoti hi Ford ki middle class k budget se baher hoti hi

[@theautoengineer4828]

Unka segment he alag he

[@devanshchaudhary6204]

Ecosport , aspire and figo ??

[@VikramVerma-lu8zm]

Tin ka dabba lene se Accha hai. Ford ki gadi li jaye. Yahan India mein logon ko kam Keemat mein Sab kuch chahiye.......lekin paise dete waqt Jaan jaati hai.

[@gamingsuniltube2177]

@@VikramVerma-lu8zm if you don't mind today value for money

[@VikramVerma-lu8zm]

@@gamingsuniltube2177 Kis value for money ki baat kar rahe hain. Jisme service karne mein hi 10 se 12 hazar ka kharcha ho. Aur life se badhkar money Kab se important hone lagi Bhai Sahab. Chote se accident mein Tin ke dabbe jaisi mur jaati hain Maruti ki gadiyaan

[@Innovative_Bro]

Ford 100% jaye gi .

[@theautoengineer4828]

looks so but may take a lot of time