Ford drives out of deal to sell Tamil Nadu plant to JSW
The decision fuelled speculation that the US company may be considering a re-entry into the world’s third auto largest market after exiting over two years ago. The company’s 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.
Tags : ford Ford Motor Tamil Nadu plant JSW Group abandoned jsw maraimalai nagar tata passenger electric mobility ltd mahindra tata motors
Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Money Nations does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.