Ford India

How policy uncertainty, other factors made Ford pull the plug on its EV PLI

The decision comes as a blow for the 4,000-odd employees at Ford India's Maraimalai Nagar plant near Chennai and in Sanand, Gujarat

Ford denies being in talks with Tamil Nadu govt for EV unit in Chennai

The talks are said to have started after the government approved Ford's proposal for manufacturing and exporting EVs as part of the Rs 25,938-crore production-linked incentive (PLI) scheme in February

Ford India closure: Compensation talks on with workers, says report

A worker union leader said the company management wants to conclude the talks and arrive at a settlement by February 2022

From Stalin to Sanand: Ford takeover by Tatas stokes 'speculation'

This comes at a time when even after three months since announcement of winding-up of operations, Ford India could not reach a settlement with unions regarding a severance package for 4,000 employees

Ford India head quits after company decides to stop making cars: Report

Anurag Mehrotra spent over a decade with Ford in India across multiple roles including marketing, sales and most recently as president and managing director

Ford India coercing dealers to sign non-disclosure agreement: Fada

Urges govt to set up task force to monitor compensation structure being worked out by Ford India for its dealer partners across the country

Indian auto dealers ask government for help after Ford exit setback

The Federation of Automobile Dealers Association (FADA) said in a letter to India's industries ministry, sudden exits by global companies "cause great distress."

Ford India's revenue to reduce to less than a fourth in FY22: India Ratings

The firm has indicated that its near-term operational performance would likely be in line with initial FY20 earnings. During the year, it had a revenue of Rs 2,052 cr

Restructuring plan: Ford India talks up compensation with dealer partners

As part of the restructuring plan, Ford will cease production of cars and sport utility vehicles at its plants and will sell vehicles only till stocks last

Credit rating agency India Ratings downgrades Ford India's ratings

Credit rating agency India Ratings and Research, downgraded Ford India Private Ltd's long term issuer rating to 'IND A+' from 'IND AA-'.

Hundreds of Ford India workers protest over planned plant closure

The plant employs around 1,200 people

India auto sector attractive for investing: Arun Goel on Ford plant closure

The Secretary, Ministry of Heavy Industries, said the country has seen investments of $34.5 billion in the past five years, to substantiate his point

Ford India's Chennai workers restart EcoSport production for exports

Even as their morale is down with job loss staring at their faces, workers at the Chennai plant of Ford India Private Ltd have restarted production of EcoSport for exports, said an official.

Ford wakes up badly burnt from its India dream: Here's what went wrong

Analysts and executives said foreigners badly misjudged India's potential and underestimated the complexities of operating in a vast country that rewards domestic procurement.

Ford's India factory workers seek government help to safeguard jobs

Factory workers at Ford Motor Co's southern Indian plant near Chennai city have sought the state government's help to safeguard jobs that will be lost once carmaker stops production, workers said

Ford leaves India, prompting question about capital intensity and industry

The higher the capital intensity the fewer the number of companies an industry is able to support.

Bumpy road ahead for Ford India as talks with unions on separation flop

Workers at both units set to get into a protracted feud with the management over closure terms and job security

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Ford Motor ceasing production in India leaves its workers high and dry

Company in talks with automakers to sell Chennai plant, says govt official

Ford in talks with another auto firm for Chennai unit handover: TN govt

Last year, Ford was in talks with Ola and M&M for contract manufacturing or for sale of both plants. It isn't clear whether the current talks are with the same companies or not