Ford exits manufacturing operation, moves to niche imported models

Ford's hastily organized townhall by Indian management reflected the woes of the US automaker's journey in India. It has been struggling amid weak domestic volumes, falling exports, and a lack of new products for the domestic market.
It seems to be following the lines of General Motors, which exited India in 2017. Stung by $2 billion in accumulated losses and a rapidly thinning market share, Ford held a town hall meeting Thursday with its employees to announce the closure of local manufacturing, joining American Motown icons General Motors and Harley Davidson in calling time on their Indian operations.