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  • Ford likely to press pause on India plans, re-evaluate strategy

    Ford had initially expressed strong commitment to its India plans, with Kay Hart, president of Ford International Markets Group, noting the importance of the Chennai plant in the company’s global export strategy.

  • In its new innings in India, Ford to focus on electric vehicles

    In its new innings in India, Ford to focus on electric vehicles

    Ford exited India in September 2021 after struggling to stay competitive despite a broad range of ICE models, including the Figo, Aspire, EcoSport and Endeavour.

  • TN Govt reaches out to Ford Motor on the fate of Chennai plant

    TN Govt reaches out to Ford Motor on the fate of Chennai plant

    Located in Maraimalar Nagar, following Ford’s decision to exit Indian market in September 2021, the manufacturing plant has been inoperative since June 2022

  • Ford rethinks India exit strategy, puts Chennai plant sale on hold

    Ford rethinks India exit strategy, puts Chennai plant sale on hold

    Ford’s Chennai facility, which is spread across 350 acres with an annual capacity of 150,000 cars and almost 340,000 engines, has stopped production since July 2022.

  • Tata Motors completes acquisition of Ford India's Sanand plant

    Tata Motors completes acquisition of Ford India's Sanand plant

    In August last year, the company had announced that its arm Tata Passenger Electric Mobility Ltd (TPEML) would acquire Ford India Pvt Ltd's (FIPL) Sanand plant, Gujarat for Rs 725.7 crore.

  • Tata Motors to complete acquisition of Ford India's manufacturing plant in January

    Tata Motors to complete acquisition of Ford India's manufacturing plant in January

    In August this year, the company had announced that its arm Tata Passenger Electric Mobility Ltd (TPEML) would acquire Ford India Pvt Ltd's (FIPL) Sanand plant in Gujarat for Rs 725.7 crore.

  • Ford India revises final severance package to employees

    Ford India revises final severance package to employees

    Accordingly, the company would revise the final severance settlement to an average equivalent of 140 days of gross wages per completed year of service from the ongoing offer of 130 days.

  • Ford to cut 3,000 jobs in India, North America as it races to catch up with Tesla in EV future

    Ford to cut 3,000 jobs in India, North America as it races to catch up with Tesla in EV future

    About 2,000 of the targeted cuts will be salaried jobs at the Dearborn, Michigan and the remaining 1,000 employees are working in contract positions with outside agencies, as per media reports

  • Tata Motors inks pact to acquire Ford India's Sanand plant for Rs 726 crore

    Tata Motors inks pact to acquire Ford India's Sanand plant for Rs 726 crore

    Tata Passenger Electric Mobility Ltd (TPEML), a subsidiary of Tata Motors and Ford India Pvt Ltd (FIPL), have signed a Unit Transfer Agreement (UTA) for the acquisition of the Gujarat-based plant.

  • Tata Motors’ buyout of Ford India Sanand facility likely to drive its global EV ambition

    Tata Motors’ buyout of Ford India Sanand facility likely to drive its global EV ambition

    Tata Motors’ buyout of Ford India's Sanand facility likely to drive its global EV ambition Deal a win-win as it gives Tata additional capacity, Ford an exit and continuity to employees and vendors

  • Tata Motors signs MoU with Gujarat for acquisition of Ford India’s Sanand plant

    Tata Motors signs MoU with Gujarat for acquisition of Ford India’s Sanand plant

    Tata Motors noted that the MoU for the potential acquisition of Ford India’s Sanand plant is a win-win for all stakeholders

  • Moneycontrol Selects: Top stories this evening

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles of the day will help you stay at the top of your game.

  • Ford India head Anurag Mehrotra quits after company decides to stop making cars in India: Report

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

    September 30 will be Anurag Mehrotra's last day with the company, one of the sources said.

  • Ford India in the process of coming out with settlement package for employees: TN govt

    Ford India in the process of coming out with settlement package for employees: TN govt

    The company, which has invested about $2.5 billion at its Chennai and Sanand (Gujarat) plants, would stop selling vehicles like the EcoSport, Figo and Aspire manufactured from these factories.

  • Auto incentive scheme: Is it too little, too late for Ford India?

    Auto incentive scheme: Is it too little, too late for Ford India?

    Barely a week after Ford said it would stop making cars in India, the government introduced incentives for manufacture of electric and hydrogen-fuel cars. Some experts believe Ford should reconsider its decision

  • Mounting losses, confused strategy and bad timings—all that went wrong for Ford in India

    Mounting losses, confused strategy and bad timings—all that went wrong for Ford in India

    Ford, whose losses in India have mounted to over $2 billion, has decided to shut down operations in India, which it says is a difficult market

  • Ford India MD, Director granted pre-arrest bail in cheating case

    Ford India MD, Director granted pre-arrest bail in cheating case

    Libra Cars, a Ford dealer in New Delhi, had in November 2020 filed a case against the duo for cheating and criminal breach of trust.

  • In Pics| March 2021 auto sales: Companies that clocked most sales

    In Pics| March 2021 auto sales: Companies that clocked most sales

    11 of the 14 carmakers who control 99 percent of India's domestic car market recorded a 126 percent jump in March sales to 315,946 units compared to 139,761 in March, 2020 when the lockdown had begun to hit production.

  • Ford announces EcoSport SE, bookings start today

    Ford announces EcoSport SE, bookings start today

    The petrol variant is priced at Rs 10.49 lakh, while the diesel variant costs Rs 10.99 lakh.

  • BMW Group India to hike prices on cars by up to 2% from January 4

    BMW Group India to hike prices on cars by up to 2% from January 4

    Previously, firms like MG Motor, Renault India, Ford India, Maruti Suzuki India and Mahindra and Mahindra were stated to raise the prices of their vehicles from 2021.

  • Hero MotoCorp to raise prices of all its vehicles by up to Rs 1,500 from January 1

    Hero MotoCorp to raise prices of all its vehicles by up to Rs 1,500 from January 1

    The firm cites the steady rise in commodity costs across the spectrum, including steel, aluminium, plastics, and precious metals as the reason for the hike.

  • Ford India launches top-end variant of Freestyle starting at Rs 7.69 lakh

    Ford India launches top-end variant of Freestyle starting at Rs 7.69 lakh

    The new introduction, Freestyle Flair, is available in both petrol and diesel engine options.

  • Ford India launches 2020 edition of Endeavour; price starts from Rs 29.55 lakh

    Ford India launches 2020 edition of Endeavour; price starts from Rs 29.55 lakh

    The BS-VI compliant new Endeavour is powered by a 2.0-litre EcoBlue engine mated with 10 speed-automatic transmission, the company said.

  • Ford India sales down 18% in December to 24,420 units

    Ford India sales down 18% in December to 24,420 units

    Domestic wholesales stood at 5,840 units last month against 5,087 units in December 2017, a growth of 14.8 percent, it said.

  • Ford India to hike prices by up to 2.5% from January

    Ford India to hike prices by up to 2.5% from January

    Ford sells a range of models, from compact utility vehicle Freestlye (starting price Rs 5.23 lakh) to iconic sports car Mustang priced at Rs 74.62 lakh (all prices ex-showroom Delhi).

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