Ford’s Exit From India: Halt to the Future of Employees, Dealers
Thousands of employees at Ford Motor Co. and numerous Ford-related businesses face an unclear future after the global automaker abruptly ended its operations in India on Thursday, following a growing list of American automakers to leave the nation.
The decision, which was revealed on Thursday, would have an impact on 4,000 staff, hundreds of dealers, and a large number of customers.
According to Vinkesh Gulati, president of the Federation of Automobile Dealers Associations in India, which represents more than four-fifths of the country’s retailers, more than $272 million has been invested in the establishment of dealerships that employ around 40,000 people.
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