The decision to restructure its operations in India comes after 10 years of losses totaling $2 billion.
UPDATE 9/9/2021, 5 p.m.: The Detroit Free Press reported this afternoon, citing Ford as confirmation, that the EcoSport and other India-built models will stop production. Ford said in a statement, “Sales of current products such as Figo, Aspire, Freestyle, EcoSport and Endeavour will cease once existing dealer inventories are sold.”
Following a decade of losses, Ford announced today that it will end production of vehicles at its two assembly plants in India. The company said that over the past 10 years its Indian manufacturing arm has posted losses totaling $2 billion.
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