Mexican Media Brands
Ford India to Expand Export Markets
Ford Motor Co. tells Bloomberg News it expects to add 13 markets to the 37 it currently supplies from India by 2018.
#economics
Share
Ford Motor Co. tells Bloomberg News it expects to add 13 markets to the 37 it currently supplies from India by 2018.
Ford made 106,500 vehicles in India and exported 29,300 of them in the fiscal year ended March 31.
The company is building a second assembly plant in the country that will boost its annual capacity there to 440,000 units, according to Bloomberg. Ford added the locally produced EcoSport small SUV in India in June.
RELATED CONTENT
-
Auto vs. Tech: Guess Who Wins
Matthew Simoncini, president and CEO of Lear Corp., provided some fairly compelling figures this week at the CAR Management Briefing Seminars that show just how out-of-whack the valuations of tech companies are vis-à-vis auto companies.
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.