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
Ford had been rethinking its India operations even before it had initiated discussion with Mahindra & Mahindra in 2019
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The legal fight between the two Detroit automakers turns on whether "cruise" is a generic term for technology that allows the car to take over some share of driving tasks from a human motorist
The incident is the latest expression of discontent and reluctance among factory employees in Tamil Nadu, home to India's flourishing automobile industry, to work amid a surge in virus infections
Caterpillar Inc. later flagged it may be unable to meet demand for machinery used by the construction and mining industries
Meanwhile, other cryptocurrencies have been mired in a slump as euphoria from Coinbase Global Inc.'s listing wears off
This comes ahead of the opening Monday of the Shanghai auto show
Ford said in March it expected the semiconductor shortage to cost between $1 billion and $2.5 billion
Michigan-based Ford entered India 25 years ago, but it has only a 2% share of a market dominated by Suzuki Motor Corp and Hyundai Motor's extensive line-up of mainly low-cost cars
Ford said, while announcing the latest North American production cuts at seven plants due to the global chip shortage, that it would provide an update on April 28 to the expected hit to 2021 profit
The government has told foreign companies that, from 2024, they can only secure state contracts if they have local offices
Top automakers such as Ford, Honda, GM and Volkswagen were caught off guard by the shortage even as auto demand picked up during the Covid-19 pandemic
In November, Ford revealed plans to transform a long-vacant Detroit book warehouse into a hub for automobile innovation
As several carmakers bleed in the US and beyond, Tesla is profitable and according to Elon Musk, his electric car company and Ford are the only two carmakers in the US which have not gone bankrupt
NEW DELHI/DETROIT (Reuters) - Ford Motor has frozen all projects it was working on with Mahindra & Mahindra while it finalises a new India strategy, three people familiar with the U.S. carmaker's plans told Reuters, weeks after the two companies called off their planned joint venture.
Ford will offer its customers built-in Google apps, including its map and voice technology. It will deploy Google artificial intelligence technology to improve the efficiency of vehicle development
As part of a six-year partnership, the Dearborn, Michigan-based automaker will incorporate the tech giant's Android operating system into its Ford and Lincoln vehicles starting in 2023
The recall includes 2.7 million US vehicles
Ford has joined Nissan, Volkswagen, Fiat Chrysler and Toyota who have curtailed production amid a global semiconductor shortage, delaying the production of some vehicles