Ford to shut shop in Japan & Indonesia

#hashtags: #Ford #Japan #Indonesia #Asia #Toyota #Daihatsu #Suzuki #Motors #Indonesian

American car manufacturer, Ford, will be shutting down its operations in Japan and Indonesia this year. The car maker has done a market study and has tried every possible way to generate profit, but it’s futile.

Indonesia is the largest economy for automobiles in south-east Asia but is mostly dominated by Toyota, Daihatsu and Suzuki. General Motors also shut down its operations in the Indonesian market last year.

Ford has realized that there is no way for it to make any profits in these markets...