The Ford and VW joint venture Argo, announced its closure on Wednesday, proving that automated vehicles are further away from mass deployment than industry executives predicted in 2019.
Those who blamed the Narendra Modi government for Ford’s untimely demise as a manufacturer in India should look at Kia and Hyundai's success over the past three years.
Ford will import and sell some vehicles, including Mustang coupes, but the sale of models including the Figo, EcoSport & Endeavour will cease once existing inventory at dealers is sold.
Ford dashboard infotainment screens will be powered by an Android operating system starting in 2023 and the automaker will adopt Google’s AI and data-analytics technology.
A flaw affecting a plug-in hybrid SUV in Europe will keep Ford from complying with tougher emissions standards this year. BMW and Hyundai are recalling tens of thousands of cars.
The deal with Mahindra & Mahindra effectively ends Ford’s independent operations in India, the country it wanted to turn into one of its top three markets by 2020.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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