Ford India shuts shop after a decade of bad business: How it went from accumulated losses of ₹1,764 crore in 2014 to ₹14,802 crore in 2021
Ford India, the Indian arm of American auto major, today announced that it is ending the manufacturing of vehicles in the country. The company has decided to shut down its car assembly plants in Sanand in Gujarat and Chennai in Tamil Nadu, after suffering continuous losses for several years. The company will however keep the engine plant in Sanand running … Read more