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This plant is Ford s only remaining factory in India, and the deal being called off has given rise to suspicions that the American auto giant may be considering starting afresh in the world s third-largest auto market. ....
The decision fuelled speculation that the US company may be considering a re-entry into the worlds third auto largest market after exiting over two years ago. The companys Maraimalai Nagar-based plant has been on the block after Ford got out of India amid mounting losses and the slowdown that gripped the passenger vehicle market after the Covid-19 pandemic in September 2021. ....
Ford Pulls Out Of Sale Agreement With JSW For Tamil Nadu Plant outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.
Ford's Chennai plant has been on the block since Ford’s exit, a result of its mounting losses aggravated by the slowdown that gripped the passenger vehicle market due to the COVID-19 pandemic. ....
Ford To Continue Manufacturing Presence In India? - Cancels Deal With JSW rushlane.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rushlane.com Daily Mail and Mail on Sunday newspapers.