Ford in talks with another auto firm for Chennai unit handover: TN govt

Last year, Ford was in talks with Ola and M&M for contract manufacturing or for sale of both plants. It isn't clear whether the current talks are with the same companies or not

The Ford Motor factory at Maraimalai Nagar wore a deserted look on Friday, a day after the announcement of the company announcing the shut down of its factory. However, in a huge relief to about 2,600 workers, the state government said talks are on between Ford and another automobile major to take over the operations of the unit.

“Talks are on between Ford and another automobile maker and some other companies too. The state government will facilitate the smooth handover of the land if they reach a deal,” N Muruganandam, principal secretary (industries), government of Tamil Nadu, told Business Standard.