How many producers can an industry support? This is a very old question in economics, which gains salience once again after the announcement by Ford Motors that it will stop production in India.
I should add here that I used the Ford Fiesta for 12 years from 2008--two cars in succession--and found it to be an excellent vehicle. Then, for some reason, Ford fiddled with the model making it smaller and I stopped buying.
Anyway, several other auto companies have also stopped operating in India over the last decade. But without going into the specifics of each exit, it is
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