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  • Writer's pictureDeaf Leaders Foundation

Ford to stop making cars in India, cites $2 billion operating loss in 10 years

Ford Motor Company on Thursday announced that it will cease local manufacturing in India. It will stop manufacturing for exports at Sanand plant by fourth quarter of 2021 and Chennai engine and assembly plants by second quarter of 2022. Ford has accumulated over $2 billion of operating losses in India over the past 10 years, Ford's CEO Jim Farley said.

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