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Ford To Cease Local Production In India, Shut Down Both Plants

Ford Motor Co. will stop making cars in India and shut down both of its plants in the country, becoming the latest automaker to exit the market.

Ford made the decision as it was not profitable for them to continue, said one of the sources, adding that the process will take about a year to complete.

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The U.S. automaker will continue to sell some its cars in the country through imports, said the second source, adding that it will also provide support to dealers to service existing customers.

Ford is the latest carmaker to cease production in India, following companies such as General Motors and Harley Davidson to exit a market which once promised exponential growth.

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