Ford Motor Co made a profit in India for the first time in a decade in the last fiscal. Ford India declared a profit of $72 million in the fiscal year that ended on March 31, compared with a loss of nearly the same amount a year ago. Under an...
Mercedes to Sell India Made GLC in U.S.
Mercedes-Benz India — a wholly-owned subsidiary of Germany’s Daimler AG — will ship its best-selling vehicle, the GLC compact crossover, from India to the company’s U.S. subsidiary. Built at the automaker's plant in Pune, in the western state of Maharashtra, the vehicles will arrive in the U.S. in October, Mercedes-Benz U.S.A....
Ford India Reports Healthy Growth
Even as General Motors exits India, Ford India's sales for May 2017 rose 36 percent, with total sales of 23,503 cars for the month. The company said that it had sold 17,279 units in the same month last year. The Times of India reports that Ford's sales within the country...
Ford India Sales Up 15 Percent in March
Michigan-based auto major Ford India reported a 15% increase in domestic sales at 7,560 units for March. "We continued to delight Indian families with products that promise safety and compelling value for money," said Anurag Mehrotra, executive director, marketing, sales & service at Ford India. In the first quarter of...