Autocar India

Ford refutes reports on India return delay

Says its plans for local manufacturing are on track; however, no timeline is stated for the start of operations.
1 min read5 Feb '25
Sergius BarrettoSergius Barretto
28K+ views
Ford India return plans
Recent media reports said Ford was rethinking its India strategy on account of the shift in the US political climate, which is pushing its companies to produce locally. Another factor, according to reports, is the investment needed to make its Tamil Nadu plant operation-worthy again.
 
However, when contacted, Ford said the reports were untrue and that their plans are advancing. "We remain committed to utilising the manufacturing capabilities in Chennai to serve global markets and are thankful to the Government of Tamil Nadu for its continued support as we advance our plans."

The American carmaker did not state when it would begin manufacturing in India. It only said, "Further details regarding the type of manufacturing, timelines and other specifics will be shared in due course, and we have nothing additional to share at this time."

Last September, Ford submitted a Letter of Intent to the Tamil Nadu Government confirming its intentions to restart manufacturing operations in India for exports after having ceased domestic sales in 2021 and exports in 2022.

So far, Ford continues to manufacture engines for export from its Sanand facility on lease from Tata Motors, one of the company's two India plants that it sold to Tata Motors in 2023, the other plant being the Maraimalai Nagar unit in Chennai, which it had shuttered.

Budget 2025: Customs duty on imported cars remains unchanged

The inclusion of the Agriculture Infrastructure and Development Cess (AIDC) negates the exemption of the Social Welfare Surcharge in the duty structure.
2 min read4 Feb '25
Kiran MuraliKiran Murali
Customs duty on imported cars

January 2025 EV sales: MG just 812 units behind Tata Motors

MG continued its upward sales trajectory with the Windsor EV; Hyundai launched the Creta Electric last month.
5 min read4 Feb '25
Ajit DalviAjit Dalvi
MG Windsor EV in showroom

Hero MotoCorp’s EV business becomes fully independent unit

Hero MotoCorp is revising its strategy as CEO Niranjan Gupta and India CBO Ranjivjit Singh step down on April 30.
2 min read3 Feb '25
Kiran MuraliKiran Murali

Volkswagen sues Indian authorities for USD 1.4 billion tax notice: Report

Indian authorities had imposed a tax notice on VW India last September over import duty issues.
2 min read3 Feb '25
Akbar MerchantAkbar Merchant

Budget 2025: Import duty on big bikes reduced

CBU motorcycles with an engine capacity over 1,600cc get a higher reduction in taxes.
2 min read3 Feb '25
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