EMERGENCY EXIT
n just 25 years of its operations—not too long for an auto manufacturer—Ford Motor Company of the US has decided to exit India. Not that those years were a smooth ride for the iconic maker of cars like Model T, Thunderbird and Mustang. While Ford found big success in India in models such as the Ikon, Endeavour and EcoSport, others like the Mondeo and Fusion did not do well. The company had posted accumulated operating losses of over $2 billion (around Rs 14,700 crore) and the demand for
