Ford expecting growth in India
Published On Jun 06, 2009 12:15 PM By CarDekho
Ford Motors US based one of the largest car manufacturer is expecting good growth in India and China where its subsidiaries doing better compare to its position in US automobile sector at present. Ford Motors is banking on these Asian countries because in the in the time of recession when almost all major car manufacturers of the US facing heat, their subsidiaries in India doing comparatively well. According to reports the plan of injecting $500 million in its Indian subsidiary is on track and company is expected to be continue with its expansion plans in India.
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