Ford’s shuttered India factories may be reborn in EV push - Economic Times

Ford invested heavily in two factories near the southern and western coasts of India, manufacturing cars and SUVs for both the domestic market and export. But it racked up losses of more than $2 bn in a decade, unable to crack a price-conscious market dominat…

Its been seven months since Ford decided to shut its factories in India, taking a $2 billion charge for the retreat. The decision was unsurprising: contrary to Fords expectation in 2012 that the nati… [+3035 chars]

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