Is Ford closing in India? Yes! Owing to “huge losses automobile company Ford Motor officially reported on Thursday that its operations will be shut down in India by next year.
Ford plans to shut down its operations at its Chennai facility by next year and Sanand plant in Gujarat by end of this year. The move is expected to hit 4,000 employees.
When did Ford enter India?
Ford Motor Company announced it had accumulated losses of over $ 2 billion within the last 10 years! Ford Motors, one of the top global carmakers stepped into the Indian market following the liberalization that began in 1991.
First Ford Car In India
The first locally produced model being Ford Escort was the First Ford Car In India, which was later succeeded by Ford Ikon in 2001.
Where are Ford’s all cars manufactured in India?
Ford’s new cars are produced at the combined manufacturing units established in Sanand, Gujarat, and Chennai, Tamil Nadu. The Chennai plant builds the big boys (SUVs) Ford Endeavour and Ford EcoSport while the Sanand unit manufactures the Ford Next-Gen Figo hatchback and Ford Aspire. The most powerful car, Ford Mustang, is solely built for global distribution in the USA at the Flat Rock Assembly Plant in Flat Rock, Michigan.
What is the range of Ford car prices that were available in India?
Ford Motor Co. has six models in the Indian market that comes with various fuel variants and transmission systems. The highest variant of the Ford car is priced at INR 74.62 lakhs on an ex-showroom basis. The base variant comes in with the lowest price tag of the ex-showroom price tag of INR 5.43 lakhs.
Discontinued Models of Ford Cars
Ford Escort (1996–1999)
Ford Ikon (1999–2011)
Ford Mondeo (2001–2006)
Ford Fusion (2004–2010)
Ford Fiesta Classic (2005–2015)
Ford Global Fiesta (2011–2016)
Ford Endeavour (2003–2021)
Ford Figo (2010–2021)
Ford EcoSport (2013–2021)
Ford Figo Aspire (2015–2021)
Ford Freestyle (2018–2021)
2021 Ford Car Price List in India
Ford Cars – Ex-Showroom Price
Ford EcoSport – ₹ 8.19 L
Ford Mustang – ₹ 71.62 L
Ford Endeavour – ₹ 33.8 L
Ford Figo Aspire – ₹ 7.27 L
Ford Figo – ₹ 7.75 L
Ford Freestyle – ₹ 7.27 L
Future Plan Of Ford Motors In India
Ford said it would start importing and retailing some of its premium and electric vehicles in India. Globally, Ford has planned an electric vehicle strategy with plans to invest $ 22 billion through 2025 and is electrifying its present cars such as the Ford Mustang, F-150, and Transit. In addition, Ford announced that some of its hybrid and fully electric vehicles, such as Mustang Mach-E, will also be available in India.