Ford is ending production in India and taking a $2 billion hit in the process
By Jordan Valinsky and Diksha Madhok, CNN Business
Article Interpretation by Patrick Turner
When reading about this article there was the main focus on the idea that Ford the company that moved a lot of their production to India ended up losing 2 billion dollars over the past 10 years while having the production spot in India. They said the main problem as to why they lost all of this money and closing this production spot down was because of how there was a high demand for the persistent industry which ended up causing a massive overcapacity and lack of expected growth in India's car market. This to me seemed like an idea from Mcdonald's theory in which the economy at the time has to be able to support these massive chains within the area so that they could end up being more focused on an economic standpoint of the world versus. what actually happened to ford production planet ended up causing a big loss to the company because the time they implemented their ideas was too early.
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