CEO Mark Fields said all small-car production will be leaving US plants and heading to lower-cost Mexico over next two to three years
Ford invested over $2 billion in India and plans to spend more to set up a global engineering centre in Chennai
Ford shares fell 9 cents to $12.34 on Tuesday
Development has delayed official launch of project scheduled for July 15
Since Mustang went on sale in 1964, Ford has sold more than 90 lakh units of the model
Plans to highlight after-sales and service quality through the advertising blitzkrieg
Reports $2.5 billion in net income for the first three months of the year, an increase of 113%
Probe to determine future of these Ford models that make up half of its domestic share
Ford India already has six training centres in India; one each in Chennai, Cochin, Kolhapur, Ahmedabad, Mohali and Kolkata
The company shipped more cars than Hyundai and Maruti,which are the two top exporters in the April-February period
Exports during the month rose nearly two-fold to 11,823 units