Ford exits India … next in-line Honda and Nissan

[Pitta]

[DummyVariable]

7 minutes ago, bluebadger said:

stereotypical mindsets - most folks stick with hyundai/maruti suzuki I believe

India lo unless you have a small car selling like hot cakes it is hard to survive in the long run. 

[Tomb__ayya]

 

[mustang302]

Stock value sangathi enti mestaru, ninnae  ex employees from apple n tesla ni hire chesukunnaru as some chief executives ga ani ninna stock value kastha raised..ee exit effect emina untadhi antara?

[Ryzen_renoir]

3 minutes ago, mustang302 said:

Stock value sangathi enti mestaru, ninnae  ex employees from apple n tesla ni hire chesukunnaru as some chief executives ga ani ninna stock value kastha raised..ee exit effect emina untadhi antara?

Should be positive news for the stock since ford india has been loss making operation for some time now. 

The optics are not good(exiting a 1.3 bil people market ) but the reality is Ford has cut losses in a stagnant market (indian PV sales have been flat for last 5 years ) 

[paaparao]

1 hour ago, Ryzen_renoir said:

Ford is actually very reasonable service wise  ,  maruti and hyundai charge more .  Atleast in india . I will go further and say ford ecosport/figo are the cheapest vehicle to service / maintain in its segment 

Please stop making such blanket statements 

Correct. Ford vehicles are preferred by lot of people for purely maintenance reason. very easy and cheap. hyundai/maruti are more expensive to maintain than ford. i believe ford is sufferring sales growth due to too much taxes on New Vehicle purchase like 35% taxes alone.

monna evaro annaru Hector Vehicle 12 lacs price ani chooshte additional ga 45% taxes ee unnayi anta. OUt the door 19 lacs adigaru anta Hector SUV in showroom. ee range lo taxes unte sales peragavu inka.

[nokia123]

7 minutes ago, paaparao said:

Correct. Ford vehicles are preferred by lot of people for purely maintenance reason. very easy and cheap. hyundai/maruti are more expensive to maintain than ford. i believe ford is sufferring sales growth due to too much taxes on New Vehicle purchase like 35% taxes alone.

monna evaro annaru Hector Vehicle 12 lacs price ani chooshte additional ga 45% taxes ee unnayi anta. OUt the door 19 lacs adigaru anta Hector SUV in showroom. ee range lo taxes unte sales peragavu inka.

first time vintunna...

[bluebadger]

3 hours ago, DummyVariable said:

India lo unless you have a small car selling like hot cakes it is hard to survive in the long run. 

very true bruh - takes a long time to win the stereotypical mindsets I guess 

[chinnapillalabandi]

Ford ecosport model bahubali laa inni rojulu kaapadindhi. Almost 7yrs ika new dewigns leka sales padipoyaayi

But Ecosport is the no.1 vehicle in its compacsuv segment

[hyperbole]

My dad drove a Ford eco sport until he bought a Creta. he hates Creta in comparison to eco sport, he regretted selling it. For a reason it was a top selling compact SUV. Sad to see them go.

VW, GM, Harley and now Ford

[idibezwada]

we have maruthi, hyundia and ford in family…ford is the best in maintenance and build quality

[idibezwada]

5 hours ago, nokia123 said:

first time vintunna...

bcoz its the ratio of how many service centers you got for the no of cars on road

[accuman]

7 hours ago, JackSeal said:

Ford Motor will stop making cars in India and shut down both its plants in the country, two sources told Reuters, becoming the latest auto-maker to exit the market.

Ford once upon a time TATA ni cars chesthanu ante laughed.

now TATA nano send them back?

[JackSeal]

7 minutes ago, accuman said:

Ford once upon a time TATA ni cars chesthanu ante laughed.

now TATA nano send them back?

TATA nano inka undha ?

[Ryzen_renoir]

4 hours ago, accuman said:

Ford once upon a time TATA ni cars chesthanu ante laughed.

now TATA nano send them back?

Ilanti goosebumps comments thagisthe manchidhi , Ford's exit has nothing to do with competition.  Tata Nano is discontinued since 2 years 

They have been in india for a long time and projected by 2020 india would be selling 10 million cars but indian PV sales have peaked in 2018 at 3.3 mil and have been falling ever since 

It says a lot more about indian economy , ford thinks india and Brazil no longer have any promise of growth in the near future