Page 2 - Ford India

About 50% of Ford's Chennai employees agree to restart production: Official

Unions refute claim, say only 350-odd employees are heading back to shopfloor

Ford resumes production at TN plant as some workers withdraw strike

According to a union official, about 100-150 people have joined the duty at the factory since Tuesday and the unit was operating in double shifts

Ford India lines up 'non-negotiable' severance package for workers

Warns early closure of unit, legal action against workers starting June 14

Striking Ford India workers' only hope: Tamil Nadu govt will save jobs

The closure of the Ford factory at Maraimala Nagar will affect a total of around 40,000 jobs in total because the factory jobs are linked to many ancillary units which employ unorganised workers

Ford India workers continue protest, seek better compensation for job loss

About 2,600 workers of Ford India Pvt Ltd's plant at Maraimalainagar continue their protest demanding better compensation as the company has decided to shut down its plant

Ford India workers' protest for better severance package enters Day 4

The management is reportedly considering a 'loss of pay' option for the striking staff

Ford India workers waiting for good compensation for loss of jobs

About 2,000 workers of Ford India's plant near that will be shutdown soon, are hoping for some good news from the management in respect of their severance package, said a union official

Tata Motors to charge up its EV business with Ford Sanand plant buy

TaMo to take over land, plant building, machinery, and vehicle assembly along with all workers employed by the unit

Tata Motors to takeover Sanand plant; signs MoU with Ford and Gujarat govt

As part of the MoU, Tata Motors would take over land, plant building, machinery, and vehicle assembly from Ford India Pvt. Ltd., along with all workers working at the plant

Top Headlines: Final race for Metro AG; govt's bid for IDBI sale, and more

The Centre is looking to woo top global investors for the sale of its stake in IDBI Bank as a team of senior government officials visits the US this week. Read more in our top headlines

Gujarat cabinet nod for Tata Motors' takeover of Ford India's Sanand plant

Tata Motors to continue to enjoy incentives that were extended to Ford India

How policy uncertainty, other factors made Ford pull the plug on its EV PLI

The decision comes as a blow for the 4,000-odd employees at Ford India's Maraimalai Nagar plant near Chennai and in Sanand, Gujarat

Ford denies being in talks with Tamil Nadu govt for EV unit in Chennai

The talks are said to have started after the government approved Ford's proposal for manufacturing and exporting EVs as part of the Rs 25,938-crore production-linked incentive (PLI) scheme in February

Ford India closure: Compensation talks on with workers, says report

A worker union leader said the company management wants to conclude the talks and arrive at a settlement by February 2022

From Stalin to Sanand: Ford takeover by Tatas stokes 'speculation'

This comes at a time when even after three months since announcement of winding-up of operations, Ford India could not reach a settlement with unions regarding a severance package for 4,000 employees

Ford India head quits after company decides to stop making cars: Report

Anurag Mehrotra spent over a decade with Ford in India across multiple roles including marketing, sales and most recently as president and managing director

Ford India coercing dealers to sign non-disclosure agreement: Fada

Urges govt to set up task force to monitor compensation structure being worked out by Ford India for its dealer partners across the country

Indian auto dealers ask government for help after Ford exit setback

The Federation of Automobile Dealers Association (FADA) said in a letter to India's industries ministry, sudden exits by global companies "cause great distress."

Ford India's revenue to reduce to less than a fourth in FY22: India Ratings

The firm has indicated that its near-term operational performance would likely be in line with initial FY20 earnings. During the year, it had a revenue of Rs 2,052 cr

Restructuring plan: Ford India talks up compensation with dealer partners

As part of the restructuring plan, Ford will cease production of cars and sport utility vehicles at its plants and will sell vehicles only till stocks last