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Not just India, Ford’s fortunes are sinking in the US, Europe, and China too

Stung by an accumulated loss of $2 billion due to a rapidly thinning market share, On Thursday, Ford announced the closure of local manufacturing in India. A senior government source confirms the decision in no way reflects on the business environment in India and is rather linked to operational issues, as Ford’s fortunes are sinking in the US, Europe and China as well.…

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