November 05, 2024 00:06 (IST)
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Ford to consider proposal for India re-entry as western markets face speed bumps: Report

Ford to consider proposal for India re-entry as western markets face speed bumps: Report

New Delhi/IBNS: American multinational automobile giant Ford, which exited India in 2021 over losses and poor sales, could re-enter the Indian market with a global team including CEO Jim Farley as it is set to consider a fresh proposal with a new strategy for the market, reports the Times of India (TOI).

Tata Motors signs Definitive Agreement for the acquisition of Ford India’s Sanand plant

Tata Motors signs Definitive Agreement for the acquisition of Ford India’s Sanand plant

Mumbai: Tata Motors subsidiary Tata Passenger Electric Mobility Ltd (TPEML) and Ford India Pvt Ltd (FIPL) Sunday signed a Unit Transfer Agreement (UTA) for the acquisition of the latter's manufacturing plant situated at Sanand, Gujarat for Rs 725.7 crore, an official release said.

Ford considers to manufacture EVs in India

Ford considers to manufacture EVs in India

Gurugram/IBNS: American automobile giant Ford Motor Company is considering to manufacture electric vehicles (EVs) in India, this announcement came months after it ended selling and producing cars in the Indian subcontinent, Reuters reported.