Dead, In The US: Ford EcoSport

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Jalopnik 10 September, 2021 - 11:32am 35 views

Is Ford stopping production in India?

The decision to restructure its operations in India comes after 10 years of losses totaling $2 billion. Ford announced today that it will cease production of vehicles in India following a decade of losses totaling $2 billion. The restructuring will result in about 4000 layoffs. Car and DriverFord Ends Production of Vehicles in India, Where EcoSport Is Built

Why is Ford closing plants in India?

American auto major Ford Motor Company on September 9 said it is "forced" to end manufacturing operations in India and close plants at Sanand and Chennai, due to "huge accumulated losses and lack of growth in a difficult market". Moneycontrol.comFord Motor to close manufacturing plants in India after $2 billion loss

Read full article at Jalopnik

Ford India to shut down, 4,800 employees face uncertain future

National Herald 10 September, 2021 - 04:00pm

Ford to Close Plants in India, a Tough Market for Auto Giants

The Wall Street Journal 10 September, 2021 - 04:00pm

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Ford is parking its smallest SUV.

"Despite efforts, we have not been able to find a sustainable path forward to long-term profitability," Ford's India head Anurag Mehrotra said in the statement on the decision to pull out of the Asian nation, Reuters reported.

The subcompact EcoSport is the only vehicle currently imported from India to the U.S., where it was introduced in 2018 as Ford's lowest-priced model. The upcoming $21,490 Maverick hybrid pickup will take that place in the lineup this fall with a base price of $21,490, which is $150 less than the cheapest EcoSport.

Aside from the recently introduced electric Mustang Mach-E, the EcoSport was Ford's lowest-selling SUV through the first half of 2021 with just 26,304 delivered.

Ford builds the EcoSport at several factories around the world and will continue selling it in markets outside the U.S., a company spokesman told the Detroit Free Press.

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