Ford has been bearing operating losses of $2bn in India over the past decade and even the demand for its vehicles reduced, pushing the company to take this call
Another latest automobile company to join the bandwagon of auto companies exiting India is the famous Harley Davidson.
It ceased production in January 2019 and completely halted operations in March 2020
The American giant’s decision to pull the plug on 31st December 2017 was a complete surprise for auto enthusiasts in the country
The United Motors of America kick-started its India operations in collaboration with Lohia Auto