When will Ford India return, do not put back on return, or something else is talked about?

When will Ford India return, do not put back on return, or something else is talked about?

Last updated:

There is doubt on Ford's return to India. The company is considering plans to send cars worldwide from Chennai plant, but due to political pressure and expenditure of $ 300 million in the US, delay is possible. Ford uses this time …Read more

Ford India announced a comeback last year.

Highlights

  • Doubt over Ford's return to India.
  • Plan to send cars worldwide from Chennai plant.
  • It is possible to delay political pressure and $ 300 million in the US.

New Delhi. Last year, the discussion was in full swing that American carmaker Ford is going to return to India once again. The company already has a manufacturing facility in Tamil Nadu, so these things seemed to be true to a great extent. The company had announced a return to India last September, but since then no one has come to hear in this matter. In such a situation, questions are arising whether Ford has changed its mind or is doing something big before the return.

According to a toi news, it is possible that now by the end of summer, the company will not speak anything on its return strategy. The company official has told TOI that the board had discussed this in January and decided that nothing would be said on it yet. The official said that of course Ford's return will be delayed and the company will use this time to improve its strategy in India.

Also read- How much Hyundai's venue has changed! Picture revealed before launch, this SUV will be equipped with many new features

Ray of hope
A Ford spokesperson has stated in this regard that the company is committed to using its manufacturing facility in Chennai and to deliver its cars worldwide. But when this work will start, no news is coming from anywhere.

What is hindrance
If sources are to be believed, the political pressure of manufacturing is increasing at home in the US. The new government there wants the production to be brought back to America. The second big reason is that the Ford's plant in Chennai can be spent up to $ 300 million to make it worth car production, especially EV manufacturing. In such a situation, Ford is probably wondered whether it will be beneficial for him to take such a big risk at this time?

homeauto

When will Ford India return, what is the break on return, or something else?

Source link

Bad news for Tata-Mahindra! The world's SUV king is ready to return to the Indian market

Bad news for Tata-Mahindra! The world's SUV king is ready to return to the Indian market

New Delhi. American automobile company Ford is once again planning to establish its foothold in India. The company is considering restarting its export-oriented plant in the southern Indian state of Tamil Nadu.

A recent meeting between Tamil Nadu Chief Minister MK Stalin and Ford officials has further strengthened the possibility that Ford may re-enter the Indian market after almost three years.

CM met Ford officials
Tamil Nadu Chief Minister MK Stalin met Ford officials during his recent US visit to discuss the company's decision to restart its plant in India. According to a Reuters report, Ford has also submitted a letter to the state government on the issue.

After the meeting, Chief Minister Stalin shared the information on social media platform 'X' (formerly Twitter) and wrote, “Very interesting discussion with the Ford Motors team! Explored possibilities of renewing Ford's three-decade-old partnership with Tamil Nadu to restart manufacturing in Tamil Nadu.” He also shared some pictures with this post, in which he was meeting Ford officials.

Ford's statement
Ford said in a statement that the company wants to use this plant again to produce vehicles for global markets. However, the company has not yet given official information about the vehicles to be manufactured in this plant or other details. Earlier Ford used to produce cars and engines in this plant, but after closing business in India, this plant became inactive.

Will Ford launch cars in India?
After the talks between the Tamil Nadu government and Ford, discussions about Ford's possible return to India have intensified. However, Stalin's statement makes it clear that Ford will mainly produce vehicles for export. It is not yet clear whether Ford will launch any new vehicle in India or not.

There has been speculation in the automobile industry for a long time about Ford's possible comeback, and there is talk that the company may re-enter the Indian market with its popular SUV Ford Endeavour. However, the final decision and official announcement on this is expected in the future.

Tags: Auto News

Source link