Ford to shut down both its manufacturing plants in India, to sell only imported vehicles
U.S. auto major Ford Motor Co will shut its two manufacturing plants in India and will sell only imported vehicles in the country as part of a restructuring exercise.
The company, which invested about $2.5 billion at its Chennai (Tamil Nadu) and Sanand (Gujarat) plants, will stop selling vehicles such as the EcoSport, Figo and Aspire which are produced from these plants.
Going ahead, it would only sell imported vehicles like Mustang in the country.
