gadget-bridge
HomeOther TechFord officially exits India and releases the final EcoSport from its Chennai...

Ford officially exits India and releases the final EcoSport from its Chennai facility

Ford also admitted that during the previous ten years, the company had racked up operating losses totalling more than $2 billion.

- Advertisement -

When it first debuted, the Ford EcoSport rocked the Indian auto sector. The white Ford EcoSport, which just a few days ago came off the assembly line, departed the manufacturing grounds. As a result, Ford India would no longer produce vehicles and SUVs in India for both domestic and international markets.

Ford startled the industry by launching it at a price of 5.59 lakh after it was initially introduced in 2012 in New Delhi. The SUV earned a great deal of positive feedback for its appearance. The final EcoSport compact SUV, designed for export markets, left Ford’s Maraimalai Nagar facility, bringing an end to the production of cars that were made in India. The future ownership of this factory will go to Tata Motors.

- Advertisement -

Those who are unaware of Ford had declared that it would stop producing cars in the Indian market, although it would keep building cars for its commitments to overseas markets. Ford continued to produce the EcoSport for export markets long after it stopped selling cars and SUVs in India. It stated that the reason for leaving our auto market was due to subpar results. Ford’s unsuccessful alliance with Mahindra, which was launched in 2019 but terminated on December 31, 2020, was another reason for its downfall. Ford India is the third major automaker to join General Motors and Daewoo, although it would keep building cars for its commitments to overseas markets.

With the release of the EcoSport’s final unit, Figo and Aspire models, which were built in the Sanand factory in Gujarat, were gradually pulled off the shelves not only in India but also abroad as a result of declining demand.

- Advertisement -

One of the main production sites for the Ford EcoSport was the Maraimalai Nagar facility in Tamil Nadu, which was Ford’s first plant in India. The EcoSport, which was produced in India, was exported to a number of nations, including the US. So the final and the last white Ford EcoSport that recently departed the Maramalainagar manufacturing site near Chennai is an export-spec model that will be transported to the USA from outside of our borders.

Ford also acknowledged that the brand had accrued operating losses of over $2 billion which is about Rs 16,000 crore during the previous ten years.

- Advertisement -

For the latest gadget and tech news, and gadget reviews, follow us on TwitterFacebook and Instagram. For newest tech & gadget videos subscribe to our YouTube Channel. You can also stay up to date using the Gadget Bridge Android App. You can find the latest car and bike news here.

- Advertisement -

Support Us

We are a humble media site trying to survive! As you know we are not placing any article, even the feature stories behind any paywall or subscription model. Help us stay afloat, support with whatever you can!

- Advertisement -
Komila Singh
Komila Singhhttp://www.gadgetbridge.com
Komila is one of the most spirited tech writers at Gadget Bridge. Always up for a new challenge, she is an expert at dissecting technology and getting to its core. She loves to tinker with new mobile phones, tablets and headphones.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -
- Advertisement -
- Advertisement -

Follow Us

- Advertisement -

Must Read

HP Pavilion 31.5-inch and HP Envy 34-inch All-in-One (AiO) PCs with wireless charging support launched in India

HP Pavilion 31.5-inch and HP Envy 34-inch All-in-One (AiO) PCs with...

0
HP today unveiled a new line of all-in-one PCs in India. The HP Pavilion 31.5-inch and HP Envy 34-inch All-in-One (AiO) PCs were introduced....
- Advertisement -
- Advertisement -
- Advertisement -