American automaker Ford Motor Company has recently engaged in discussions with the government of Tamil Nadu, a state in southern India, to explore the possibility of resuming vehicle production in the country for export purposes.

Ford may restart making cars in India for export, says MK Stalin

Ford Motor has announced plans to carry out layoffs this week, primarily affecting engineering jobs in the United States and Canada. The job cuts are part of Ford's cost-cutting measures as the company undergoes a restructuring of its business operations.

Ford announces job cuts; layoff to affect engineering jobs in United States and Canada

Ford expects 40% of its global sales to be battery-electric vehicles by 2030 as it spends billions to develop them. The automaker said in a presentation to investors on Wednesday that it would add about $8 billion to its EV development spending by 2025 from this year.

World Business Watch: US automaker Ford increases investment in electrification of cars