Ford India's future plans | Will it stick around in India?

arvindmanju · 11th June 2021, 22:02

Ford and VW to stop finance business in India.
Source
Reuters

Quote:

A Ford Motor India spokesperson said the company regularly assesses market conditions for its credit business and the decision to discontinue was conveyed to dealers in October - before it made any announcement on the Mahindra partnership.

"We are confident the auto financing sector in India can support Ford customer and dealer new financing needs. Our team continues to service our existing book of business," the spokesperson said, adding that 25%-30% of its dealers do business with Ford Credit.

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VKumar · 15th July 2021, 11:08

Looks like the rude shock is on its way to get delivered:

Ford looks to wrap up India factory operations soon; in talks with Ola for contract manufacturing - The Times of India

Ford India factories near end of road - Economic Times

An excerpt from the article in TOI:

View Poll Results: Will Ford stick around in India?
Yes	278	54.19%
No	235	45.81%
Voters: 513. You may not vote on this poll

15th July 2021, 11:08	#107
VKumar BANNED Join Date: Nov 2016 Location: Dehradun Posts: 948 Thanked: 8,332 Times	Re: Ford India's future plans \| Will it stick around in India? Looks like the rude shock is on its way to get delivered: Ford looks to wrap up India factory operations soon; in talks with Ola for contract manufacturing - The Times of India Ford India factories near end of road - Economic Times An excerpt from the article in TOI:
	(4) Thanks