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608 GM, Harley-Davidson, and now Ford- Why are American automakers leaving India?

AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily · 09/13/2021 13:53 EDT

GM, Harley-Davidson, and now Ford- Why are American automakers leaving India?

In a recent announcement, Ford said that it has accumulated operating losses of over $2 billion over the last ten years and in 2019 it recorded an $800 million write-down of assets. With this, Ford marks its complete exit from the Indian market as it plans to stop its manufacturing immediately in the country. The ...

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