Ford Motor restructures India operations, to focus on iconic global vehicles and electrified SUVs- Details here
Ford Motor Company will shut its car factories in India but will continue engine manufacturing for export markets. Ford is the second US auto major after General Motors to shut plants in the value-conscious market, as per a report by ANI. Here is all you need to know:
Ford restructures India operations
Ford India took to its official Twitter account to inform that the company will restructure operations in India to serve customers with iconic global vehicles and electrified SUVs i.e. Mustang coupe and Mustang Mach-E. Customers to benefit from Ford’s global plan to invest >US$30 billion towards delivering all-new hybrid & fully electric vehicles. (Image source: Ford India Twitter)
Ford to cease vehicle manufacturing in Chennai and Sanand
Ford further said that it will restructure its operations to cease vehicle manufacturing in Chennai and Sanand, progressively wind-down manufacturing of vehicles for export at Sanand plant by Q4 2021 and Chennai engine/vehicle assembly plants by Q2 2022. (Image source: Reuters)
Ford Business Solutions (FBS)
Ford restructures India operations to grow Ford Business Solutions (FBS), focusing on engineering, technology, and business operations centres of excellence; Remain home to Ford’s second-largest salaried workforce globally, the company said. (Image source: Ford India Twitter)
Committed to serving customers
To continue full customer operations with service, aftermarket parts and warranty support; Sale of current portfolio to continue till stock lasts; To shift to iconic global vehicles and electrified SUVs in the future, Ford India tweeted on Thursday.
Will continue to serve customers in India w/ iconic vehicles: Anurag Mehrotra
Anurag Mehrotra, President and Managing Director, Ford India said "We will continue to serve customers in India w/ iconic vehicles (Mustang) and hybrid/fully electric vehicles (Mach-E). We are also committed to serve our existing customers with the same Feels like Family spirit.” (Image source: Ford India Twitter)