Ford to stop making cars in India

[lonelyman]

Ford to stop making cars in India

Ford Motor Co will stop making cars in India and take a hit of about $2 billion because it does not see a path to profitability in the country, becoming the latest automaker to leave the major growth market dominated by Asian rivals.

www.reuters.com

never made money and keep losing money, no car demand

https://twitter.com/x/status/1436174555958034433

 

[MH.Yang]

China's Tencent released a 2019 revenue report on its games last year. Tencent games have 2.2 billion active game players in the world, including 1 billion paying players. There are 620 million Indian players, including about 120 million paying players.

 

[Falconless]

Not surprising, Ford has no real product in the recent years.

 

[Chhatrapati]

Competition... Kia came in 2019, even they beat Ford in sales.

 

[RPK]

Competition... Kia came in 2019, even they beat Ford in sales.

Bad product lineup no SUV in sight. Only have Figo and more Figos

 

[FuturePAF]

India’s consumer market took a big hit due to COVID. India’s demographic divided is slipping away unless a dramatic steps are taken to correct it. some investors will probably pull out till they see a sign of a sustained recovery (not just a single quarter 20.1% rebound). Let’s see if this is a one off or the start of a trend. India was the great hope for growth for many multinationals for this decade.

 

[Chhatrapati]

Bad product lineup no SUV in sight. Only have Figo and more Figos

I liked the Eco sport

 

[Raj-Hindustani]

Ford to stop making cars in India

Ford Motor Co will stop making cars in India and take a hit of about $2 billion because it does not see a path to profitability in the country, becoming the latest automaker to leave the major growth market dominated by Asian rivals.

www.reuters.com

Because Indians have N number of choice and causing losses of ford...

Selling the cars in India is good even during the covid period

 

[lonelyman]

Because Indians have N number of choice and causing losses of ford...

Selling the cars in India is good even during the covid period

no, Indians so-called middle class can not afford decent car , they prefer Tata $2500 cheap toy car instead Bmw Benz like Chinese consumers

just compare india iPhone sales to China or any other luxury brands

 

[GHALIB]

Ford to stop making cars in India

Ford Motor Co will stop making cars in India and take a hit of about $2 billion because it does not see a path to profitability in the country, becoming the latest automaker to leave the major growth market dominated by Asian rivals.

www.reuters.com

We better options in automobile market .

 

[lonelyman]

We better options in automobile market .

$2000 tata “car”?

 

[Clutch]

India is a paper tiger ... Both militarily and economically. It has fed the Online Call center Scam to the world of "Incredible India".

In reality it is an impoverished nation with many fault lines bursting at its seams... For example, its culture and pogrom of Rape and Lynching of Muslims as state policy. You cannot oppress 140 Million people as prisoners and call yourself a supapowa.... You cannot have a caste system where a majority of your population is subjected to poverty and slavery because the upper-caste are the economically and socially privileged.

That's is why Ford left and others will leave to. Indian culture and Religious Caste system is designed to keep classes of People subjugated and poor. No Ford for you!

 

[lonelyman]

India is a paper tiger ... Both militarily and economically. It has fed the Online Call center Scam to the world of "Incredible India".

In reality it is an impoverished nation with many fault lines bursting at its seams... For example, its culture and pogrom of Rape and Lynching of Muslims as state policy. You cannot oppressive 140 Million people as prisoners and call yourself a supapowa.

western companies are mad thinking they can make money coming to supa powa by selling stuff that average Indians can not afford

 

[mmr]

and indians want tesla plant lol...who can afford tesla in a 2000k per capita income country...

 

[GHALIB]

Cows?

nonsense .
stay on topic troll .