Ford Motor India

The Maraimalai Nagar manufacturing site in the southern Indian state of Tamil Nadu will be retooled to make high-end engines for export markets with an annual capacity of over 200,000 units

The American automobile giant plans a third entry into India, reviving its Chennai facility in Maraimalai Nagar, with an annual capacity of 200,000 vehicles and 340,000 engines for export

The Chennai unit of Ford, spread across an area of 350 acres, had an annual production capacity of around 200,000 vehicles and 340,000 engines

American automaker Ford on Friday said it is preparing to utilise its Chennai manufacturing plant to roll out vehicles for exports and has intimated the same to the Tamil Nadu government. The company which in 2021 had said that it would stop manufacturing vehicles in India, has submitted a Letter of Intent (LOI) to the Tamil Nadu government, confirming its intention to utilise the Chennai plant for manufacturing for exports. The announcement follows a meeting between Ford leadership and Tamil Nadu Chief Minister MK Stalin as part of his visit to the United States, Ford said in a statement. "This step aims to underscore our ongoing commitment to India as we intend to leverage the manufacturing expertise available in Tamil Nadu to serve new global markets," Ford International Markets Group President Kay Hart said. Ford said the strategic move will see the facility repurposed to focus on manufacturing for export to global markets, as part of the company's ambitious 'Ford+ growth ...

Tamil Nadu CM MK Stalin discussed reviving Ford's partnership with the state to produce vehicles for exports. Ford Motor exited India in 2021 after failing to turn profitable amid stiff competition

Ford Business Solutions in the city behind popular models, such as F-Series, Explorer, Transit, and Ranger

Ford's re-entry strategy will involve new investments, a focus on electric vehicles and sustainability, among other objectives

If there are rock stars in philanthropy, Darren Walker, the president of the Ford Foundation, is one of them. And he's about to exit the stage. Walker, 64, has been named one of Rolling Stone's 25 People Shaping the Future and Time's 100 Most Influential People as he led one of the original American philanthropies since 2013. The foundation said Monday that he will step down from his role by the end of 2025. A search committee has been convened to find Walker's replacement, said Ford Foundation board chair Francisco Cigarroa. Walker "has guided Ford through some of the most challenging moments of our time with grace, kindness, and empathy, and his tenure will be remembered as one of the most consequential periods in the institution's nearly 90-year history, Cigarroa said in a statement. A former corporate attorney and chief operating officer of the Harlem-based Abyssinian Development Corporation, Walker oversaw major investments in advocating for gender equity and disability rights

General Motors, Ford and other automakers which struck deals last year to give customers access to the network said they are not changing their plans

Under Petersen, Ford's ad slogan became 'Quality is Job One'

US auto safety regulators are investigating complaints that more than 540,000 Ford pickup trucks can abruptly downshift to a lower gear and increase the risk of a crash. The National Highway Traffic Safety Administration says in documents posted on its website Friday that it opened the investigation this week after receiving 86 consumer complaints about the problem with the trucks' automatic transmissions. Investigation documents say the probe covers F-150s from the 2014 model year. The agency is looking into whether those trucks should have been included in previous recalls for the problem. The complaints allege that the trucks can suddenly shift to a lower gear without warning. Often, the rear wheels locked up, with one consumer telling the agency that his truck downshifted abruptly, causing it to crash into a concrete barrier and another vehicle. Both the pickup driver and the driver of the other vehicle were hurt. The company said it's working with NHTSA to support the ...

The JSW Group had finalised an agreement to buy the Ford plant for around $100 million, but Ford called off the deal as it is no longer looking to sell the factory

Company will revise final severance pay to 140 days of gross wages per completed year of service, compared with 130 days earlier. A one-time lump sum of Rs 1,50,000 will be paid as well

It is on average equivalent to 130 days of gross wages per completed year of service, firm says

Company revises severance package to 121 days from 115 earlier

In a statement on Friday, the company said it was 'exploring the possibility of using a plant in India as an export base for EV manufacturing'

The scheme is also part of Prime Minister Narendra Modi's government plan to cut the fuel import bill and bring down pollution by encouraging local production of clean vehicles

A section of employees at the manufacturing facility of Ford India staged a protest against the decision of the US-based company to close factory and sought intervention of the Tamil Nadu government

Some 13 auto firms have been in talks with govt for setting up business in India

Lack of scale despite a quarter century in India could stall its growth in the market after the break-up with Mahindra & Mahindra