Ragini Saxena and Keith Naughton

Business

Ford Will Cease Making Cars in India, Take $2 Billion Charge

Ford Will Cease Making Cars in India, Take $2 Billion Charge Ford Motor Co. employees work on the final assembly of vehicles at the company's factory on the outskirts of Chennai, India. (Prashanth Vishwanathan/Bloomberg News)

Ford Motor Co. will shut its car factories in India and record roughly $2 billion in restructuring charges, scaling back significantly in a country that past management saw becoming one of its three biggest markets.

September 9, 2021