Ford Logo

Photo: NewsLogic

Ford India Announces Leadership Change; MD To Step Down Following $2 Billion Loss

Ford India on September 24 announced a change in leadership with Bala Radhakrishnan replacing the current president and MD Anurag Mehrotra by the end of September 2021. Ford has also ceased production since September 9 at two Indian plants (Chennai and Gujarat) after facing a loss of $2 Billion. The company is expected to scale down its operations and withdraw EcoSport, Figo, Endeavour, and Aspire from the Indian market. 

Sat, 25 Sep 2021 - 08:32 PM / by Muskan Arora

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