NEW DELHI—Ford Motor Co. will stop making cars in India and take a hit of about $2 billion because it does not see a path to profitability in the country, becoming the latest automaker to leave the major growth market dominated by Asian rivals.
The U.S. carmaker entered India 25 years ago but still has less than 2 percent of the passenger vehicle market having struggled for years to win over Indian consumers and turn a profit.
