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Ford India, a fully owned subsidiary of US based Ford Motors is planning to launch new cars in India as told by a top official of the company. Michael Boneham, Ford India's Managing Director and President told PTI that company is going to bring more global products into the Indian auto-market. The company is looking to provide more options to its Indian buyers from its global product portfolio. Ford is planing to launch a new car in every 12-18 months including small and medium size cars in the country, Mr Boneham added.
Ford India recently launched its Ford Figo model in India as the company is planning to capitalize on the vast opportunity exists here for small cars. The base model of Figo named as Figo Duratec LXI has been priced at Rs 3.66 lakh. On the other hand the Ford Figo EXI model is available in both diesel and petrol engine options, where the petrol variant is coming in Rs 4 lakh, the diesel variant is available in Rs 4.95 lakh.
Ford India officially launched the Figo today announcing pricing for the much anticipated new compact car. "Our dealers are excited, customers are waiting and the new Figo is now ready to hit the streets," said Joe Hinrichs, president of Ford Asia, Pacific and Africa. "From the start we wanted to offer all the features of a B-Segment car at a Sub-B price. We've accomplished that with Figo." Four different Figo models – LXI, EXI, ZXI and Titanium – will be available with different trim levels and designed to suit a variety of consumer tastes. All models also will be available with a Duratorq diesel engine option. Aggressively priced, the new entry-level Figo Duratec LXI, equipped with a 1.2-litre petrol engine, will be priced at Rs. 3,49,900. The entry-level model also can be equipped with a 1.4-litre Duratorq diesel engine that will be priced at Rs. 4,47,900 .
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Ford India, a subsidiary of US based Ford Motors has registered a growth of 22.67 percent in the sales of February this year as compare to the same period of last year. The company managed to sell 3,223 units in the month of February this year as against 2,636 units in the same period last year.
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US based Ford Motors today officially announced the price of Ford Figo model to its Indian customers . Where the Petrol version of Figo model will be available in the price rage of Rs 3.5 to 3.75 lakhs , the diesel version will be launched in the price range of Rs 4.20-5.0 lakhs. The Ford Figo model is available with two engine options including a 70 Bhp DuraTec Petrol & other is 68 Bhp DuraTorq diesel engine. Basic design of the Ford Figo model is of a compact hatchback with all new generation features including a new Radio Data System that helps you navigate easily in thick urban traffic. Besides this the Ford Figo model is also supported with Ford’s 24x7 road side assistance program in India.
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Ford India, a subsidiary of US based automaker Ford Motors announced on Tuesday that it would launch Ford Figo by the month of March in the country. Ford India is also expanding its dealership facilities here to enhance market base for Ford Figo model so that a large market space can be provided to it in India. The compact segment covers more than 70 percent of the cars sold in India and it includes popular cars in India like Maruti Alto, Maruti Swift, Maruti Ritz, Hyundai i20, Fiat Punto and Honda Jazz. Ford India has a 2 percent market share in the country and it sold 24,186 units of its cars in the first 10 months of this fiscal.
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Ford India has decided to phase out its small hatch back Ford Fusion in the country as the company is all set to launch a new small car named as Ford Figo here by the first week of March, this year. Company will phase-out the Ford Fusion model and it will focus exclusively on its new small car Ford Figo in the Indian market, said, Michael Boneham, Ford India Managing Director and President. The Ford Fusion model was providing a relatively small volume and company hopes to do good with the new Ford Figo, added Mr Boneham. Ford Figo has become quite popular in India even before its launch here, though its competitor Chevrolet Beat which was launched last month, registering a good number of sales. Launch of Ford Figo model is scheduled for starting of next month and the production of the model has been started at Ford's Chennai plant.
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US based Ford Motors is planning to launch a new small car Mercury by the starting of year 2011. The model will be based on Ford's new global compact car platform, said Americas Mark Fields, Ford President on Sunday.
The all new Ford Mercury model is one of the 10 vehicles about which the company is planning for its global small car architecture, that also includes the upcoming 2012 Ford Focus model, and would enhance its range of the mid-level premium brand long devoid of new products.
US based car manufacturer Ford sees India as a potential market for its newly engineered 'EcoBoost' engine technology, according to a top executive of the company. The 'EcoBoost' engines are fuel efficient as well as performance enhancing, with exceptionally low emission levels. The EcoBoost technology has been appreciated by customers because of its ability to deliver power and performance with an exceptional fuel economy. The technology has a vast opportunity in India, said, Group VP global product development Derrick Kuzak. Ford, which was struggling with the worst-ever economic slowdown just few months back, is again on growth track after receiving the Stimulus packages from government's side.
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The Indian auto Industry registered a record sales growth in the starting month of this year and the major contributor to this growth was small segment. Where the sales of Maruti's flagship model Maruti Alto and Maruti Wagon R remain on top, Hyundai's Santro Xing and i10 models registered a good sales figures. But the show stopper was the Chevrolet Beat model which received a very good response from the Indian customers as company has already sold 2825 units of Chevrolet Beat model in the month of January this year. It is expected that the momentum of high growth will remain in coming months also as many new models are expected to be launched in India in coming months. Ford Motors is all set to launch its Ford Figo model in India as the production of the model has already been started at its Chennai plant. Ford has invested nearly $500 in its operations in India and the company is targeting to make India its export hub for its small Ford Figo.
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Ford India, a subsidiary of US based automobile manufacturer Ford Motors is all set to launch its much awaited compact small car Ford Figo in India, next month. Production of the Ford Figo model has been started at company's plant in Maraimalainagar, Chennai after inaugurated by the state Chief Minister M Karunanidhi. Ford India has invested around $500 million in its operations in Chennai. Michael Boneham, MD and President of the Ford India said in a statement given to the media that Ford Figo Model will be launched with a very competitive price tag as the Figo model will be launched in a segment which is already very competitive and accounts for 70% of the all new car sales in the country.
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Ford India Private Limited (FIPL), a fully owned subsidiary of US based Ford Motor Company, today launched the production of its much awaited small car model Ford Figo, at its Maraimalai Nagar production facility in Tamil Nadu. Mr M Karunanidhi, Chief Minister of the state inaugurated the production of Figo model which is expected to be launched in India by the end of this month. Ford Figo is company's first compact small car in India and it is expecting good response from middle-class buyers after analyzing the high sales of recently launched small car Chevrolet Beat in the country.
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US based automobile manufacturer Ford Motors has announced that it will invest $400 million in its production facilities to manufacturer next version of, its Explorer SUV by the end of year 2010. According to company this move is expected to create 1,200 jobs at its Chicago assembly plant. The USD 400 million includes the investment of USD 180 million in manufacturing facilities at the Chicago sites and investment of about USD 220 million for launch and engineering costs.
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US based car manufacturer Ford has introduced a new variant of its popular entry level sedan Ford Ikon in India. The new variant has been launched on the basis of the responses the company has witnessed from the users of Ikon iKool. The new Ford Ikon model has been priced in the range of Rs 5.17-5.77 lakh (ex-showroom New Delhi). The New Ford Ikon Plus model will be available in both Diesel and petrol versions. The price difference between the previous Ford Ikon and the new Ford Ikon Plus is about Rs 33,800. The new model has been launched with stylish exteriors as well as modified interiors.
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Ford Motor,the second largest car maker in Detroit, is all set to push its sales in Asia,particularly in China through introduction of a family of new small cars which will the focus of the company's product profile.In its pursuit towards small cars.Ford displayed a new version of Focus,its top most selling car in Detroit this week According to Alan Mully,Ford's chief executive,the company's strategy would be to move quickly to invest in one of the fastest growing economy China.The company is now converging on manufacturing a series of small and mid sized cars built on the platform,"One Ford" strategy something that is followed by the company on a global basis. The fundamental structure of the revamped Ford Fiesta will be common around the world except for the changes that will be required at the top of the car to meet with the local standards,rules and regulations.Around 10 models will be manufactured using the new platform,resulting in the production of 2m units annually by the year 2012.
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Ford Auto company has recently launched a limited edition model, the model was completely sold out during the launch period. Ford Fiesta is a extremely -successful in entry-level sedan segment models in India. New Ford Fiesta is being launched in the international market soon. New model is now available in the informer preview. Ford Fiesta 2011 model will be available as a sedan and in addition to hatchback model in the US Market. In North America, it's considered to be small car.
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Ford's entry-level sedan the Ford Ikon scored highest in the entry mid-size segment according to the JD Power Asia Pacific 2009 India Initial Quality Study SM (IQS). Ford Ikon is the clear winner in its segment scoring 90 PP100 in this J.D. Power study while the industry scores averaging at 123 PP 100 in the entry mid-size segment for Overall New -Vehicle Quality in India.
Michael Boneham, president and managing director, Ford India, commenting on this commendable achievement told that the results speak for itself. It’s about a quantum leap in quality that companies vehicles demonstrate and their laser-focus and commitment to produce world-class quality vehicles for this market that exceed customer expectations.
US based Ford Motors is planning to implement a latest rear seat airbag system in which seat belts of rear seat passengers will also work as airbags. These type of seat belt come airbags are specially developed to reduce injuries of children as well as elderly people. This new technology can be seen as a new marketing strategy at a time when almost every big car manufacture is coming with something new in its portfolio.
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The best selling product of Ford, US auto manufacturer, Ford Fiesta now will be available with a couple of new features in India. The mid-sized sedan Ford Fiesta is having the price tag of Rs 6.44 lakh (ex-showroom, New Delhi). Nevertheless, the new Ford Fiesta 1.6 ZXI comes with petrol engine only. According to a company statement, the car saw impressive sales during the festival period in India.
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Michael Boneham, president and MD of Ford India here on Thursday indicated that the US car maker, Ford has decided to launch a new car every 12 to 18 months in India to enhance its market share. However, he did not indicate what sort of market share the company aims to achieve in the long run. Talking to newsmen at the inauguration of Ford’s new dealership, Victoria Ford, Mr. Boneham said: "We now have a marketshare of nearly 2% and we want to grow it significantly in coming years. Launching of new cars from the Ford stable, will play a crucial role in growing our market share in India."
For 2009, Ford India aims to achieve sales of 30,000 cars compared to 29,000 cars sold in calendar 2008. "In September ‘09, we have been able to sell 3,500 cars which is a 50% increase year-on-year basis," said Nigel Wark, executive director (marketing, sales and services). By investing $500 million, company will expand production at its Chennai plant from 1 lakh to 2 lakh vehicles, apart from producing 2.5 lakh engines, both in petrol and diesel.
Ford Motor has plans to make India its manufacturing hub for its small car Ford Figo. Ford Figo will be launched in the first quarter of 2010 and come in both petrol and diesel variants. No prices have been officially announced by Ford India but the car is expected to cost at Rs.4 lakh and upwards for the base variant and will compete against an array of cars like Maruti Swift and Maruti Ritz, Fiat Grande Punto, Chevrolet U-VA and Hyundai i20 that are already present in the market.
After unveiling the Ford Figo in Delhi, Ford’s president and CEO, Alan Mulally said: “The global market is shifting towards smaller cars and India has a predominant advantage with a 70% market for compact cars." The company also has plans to export a significant number of the Ford Figo to Asia Pacific and African countries in 2010.
Ford Motor showcased its compact car, Ford Figo, in India on Wednesday. However, this small car will be launched in India by early 2010. The compact car, Ford Figo, will be available in petrol and diesel versions. This four-door hatchback will be manufactured in Ford Chennai plant. Apart from this, the company reveled about its exteriors but specific details about engine capacity, price and other data is under cover. Ford Figo is believed to compete with the Hyundai i20 and the Maruti Swift. The recent global trend is to switch over to small cars that are fuel efficient but Ford India's products present here in mid-sized cars and SUV class. The company is aiming to grab the most in small car segment in India and China.
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US company, Ford is now eying on India to offset tough business conditions in other global markets. The company that survived the downturn without a government help, Ford Motor is planning to integrate car designs globally and develop compact and mid-sized cars as part of a strategy to improve profitability and productivity.
Ford has focussed on economies of scale and implementing ‘One Ford’ strategy across markets. Alan Mulally, president and CEO of Ford Motor, is also making a lightning visit to India to showcase its small car in the middle of this week. He joined Ford in 2006 after divesting brands like Jaguar, Land Rover and Aston Martin.This moment will be exciting and worth watching. Ford India has not had a new product launch, but continues to upgrade its existing product line since 2005.
Ford India will launch its small car, code named B517 in March 2010, which is expected to compete with the Hyundai i20 and the Maruti Swift, that were also showcased to its dealers in Chennai recently. The small car will be a four-door hatchback, powered by an indigenous diesel and petrol engine manufactured at its Chennai plant. Ford India has invested around $500 million (Rs 2,400 crore) to double the current capacity by one lakh cars and 2.5 lakh engines, company officials said.
New Ford Mondeo is all set to be launched in India in January 2010. This luxury sedan is in process to revamp in the company's Chennai facility. The outgoing version of Ford Mondeo was not as successful as it was sold 5 to 10 units since its launch in 2001. The old Ford Mondeo had a price tag of Rs 16.30 l lakh but the new version will see a minor change. Ford India, Vice president (sales and marketing), Vinay Piparsania, said that the new model is already there in India for upgradation.
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Indian counterpart of American car maker, Ford India Motors, expects higher sales volumes during the festive season. It will increase its vehicle production by almost 30 percent. "We have been producing about 130 vehicles a day but this will be increased to 174 vehicles a day this month," Ford India President and MD Michael Boneham.
Ford’s entry level sedan Ford Ikon is the highest selling model in India. Its demand is already high. Ford Endeavour and Ford Fiesta models have also registered healthy sales growth in recent months. Ford launched new Ford Endeavour this week is priced between Rs. 15.99 lakh and 17.99 lakh..
Ford India MD and president Michael Boneham told that the fully-owned subsidiary of the US auto major Ford Motors, Ford India Motors will be one of the major production hubs for the parent company’s operations in the Asia-African region.
Ford India is all set to invest $500 million to ramp up its Chennai plant’s production capacity to 2-lakh vehicles by 2010.
The US-based Ford Motors, which has not taken any financial rescue from the US government like its peers GM and Chrysler, is developing China, Thailand and South Africa, as the other major manufacturing hubs.
In view of upcoming festival season in India, American car maker Ford decided to increase the vehicle production in the country. At present it makes 130 vehicles a day. This number is to be increased to 174 a day. That means it will be increased by 30 per cent. Ford India President and MD Michael Boneham told media persons here that they would try to increase the number of production units this month. He added that good demand is there for Ford Ikon, Ford Fiesta and Ford Endeavour. Ford Ikon and Ford Endeavour now come with their new upgraded variants.
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New Ford Endeavour has been launched in India on Wednesday. The much-awaited premium SUV has a fresh look. Once a very popular car, now, comes with a number of advance and stylish features. This five-speed automatic transmission vehicle is to compete with Toyota Fortuner. The price tag for 3.0L 4X4 automatic transmission is Rs. 17, 99, 000 while the manual variant of Ford Endeavour 2.5L 4X2 is priced at Rs 15, 99, 000. Bollywood actor Suniel Shetty launched the vehicle in New Delhi. Customers of North and West region can book their vehicle from today but SUV lovers from Southern and Eastern markets have to wait for a while. The new grille design three features, detailed horizontal bars that seem to float in the grille opening, the middle of which supports a proud ford oval badge. The top edge of the grille features a wide header bar with the Ford Endeavour embossed boldly into its surface.
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Ford is ready to take on the competition head on with recently launched Toyota Fortuner. If Toyota Fortuner has been a runaway success for Toyota, Ford is not ready to step aside. It’s brand new Ford Endeavour being launched in Indian market next week. The premium SUV from Ford will be completely face lifted and launch of this advanced vehicle means to cater to the rising demand of the vehicles in market, says a senior company official.
"We will launch the Ford Endeavour by next week. It will be an automatic version and we hope to achieve a significant market share after the launch," Ford India president and managing director, Michael Boneham said. No price has been declared though for the new model. “Some new mechanical bits have been added. The new Ford Endeavour SUV is equipped with Borg Warner’s Shift-on-the-Fly system which will enable you to switch between 2wd and 4wd up to 100kmph. There will be some cosmetic changes like changed headlights, grille, with the rear side likely to be the same,” says a Delhi-based Ford dealer.
Ford India is planning to introduce its EcoBoost engine technology that would raise fuel mileage by 20 percent. EcoBoost, which uses gasoline turbocharged direct-injection technology, the new engine also lowers carbon dioxide emissions by 15 percent as compared to the conventional petrol and diesel engines'
Michael Boneham president and MD Ford India said, “Initially, we will go for the regular technology to develop 1.2-litre petrol and 1.5-litre diesel engine to benefit from government’s policy of lower excise on such engine sizes and introduce the much expensive EcoBoost engines in the long-term.”
Ford India Pvt Ltd's in on track to launch it's small car which will be fitted with 1.2 litre petrol and 1.5 litre diesel engines in order to satisfy the Indian government's definition of a small car. The proposed small car will have 85 percent local content. Michael Boneham, president and MD of the Ford India told that the company are negotiating with Tata Steel for getting better price for the steel, given with increased volumes.
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Ford has started work on a new low-cost small car. The new small car would not be confined to one market but will be available across all markets spanning countries like India, China,Eastern Europe and South America. This car that will be tagged as a "Rs 3 lakh-plus price range" car will be one of the low-cost cars for the company globally. John G Parker, Ford group executive V-P for Asia-Pacific and Africa has made this statement to the press that, "We plan to grow business in B(small) cars globally, and especially in the Asia-Pacific region where we plan to raise the share of B cars to our line-up from 15% to 45%."
Hyundai, Suzuki and GM too have shifted base to India so even Ford may do that. Potential wise India may be the preferred destination for the global development and manufacturing base for such a low-cost car but this is not the case as yet.
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By middle of 2010 India will have a new small car from Ford. Ford will also export this product from India by end of next year. Ford intends to tap the fast growing small car market in India which is world’s largest small car market. Ford Motor executive vice president for Asia Pacific John Parker said that the launch will be a game changer and it will take us into the centre of indian market. He did not reveal any numbers targeted for exports from India.
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Ford Endeavour the brand new car is ready to be launched. Ford wants to take away the limelieght from the newly launched Toyota Fortuner. Ford India had already planned before for the Automatic Tranmission version for India. The existing model remains untouched ever since it was launched in India. The new Ford Endeavour sports changes only on the exteriors which consists of new radiator grille, new bumper with a single line of chrome bisecting it, and pear shaped headlamps replace the squared and 80’s-looking ones.
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Car manufacturer Ford wants to start the small car launch in 2010. Ford, which is currently using Mumbai Port to route exports. But by the year 2010, Ford would be in a position to do all its exports via the Chennai Port.
Ford till date has shipped out around 170 vehicles to South Africa. The small car segment constitutes 70 percent of the market. Ford considers India as a key manufacturing hub in the Asia Pacific region.
Ford India introduced its new variant, Ikon ikool, of Ford Ikon in India. Equipped with Duratorq TDCi 1.4 diesel and ROCAM 1.3 petrol engines, these models will be available from tomorrow. The ex-showroom price of the car in Delhi is Rs 4.82 lakh for petrol version and Rs 5.42 lakh for diesel version. Ford India said in a statement that the engines of the car are designed in a way to give class leading fuel efficiency.
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Ford India has planned to launch a small car in 2010. The company showcased the prototype, codenamed B517, recently at a dealers meet in Chennai. The small car is expected to compete with the Maruti Swift and the Hyundai I20.
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Ford India has launched its new model of Fiesta SXI in the country. This refresh model is available in chrome and silver finish. New features include in car is brand chrome faced and crystal barrel headlamps. Fiesta SXI sports 1.6L Duratec petrol engine and 1.4L Duratorq diesel engine. The model will be available for sale from 3rd of August. Petrol version of Fiesta SXI is priced at Rs 6.99 lakh and Rs 7.99 lakh (both ex-showroom New Delhi) is the price tag of diesel version.
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Ford India is testing its yet-to-be launched compact car's prototype on the road. The number of prototypes is nearly 300. The car is expected to introduce by early 2010. The small car is believed to be roll out 1.2L petrol and 1.5L diesel engine in India. The new small car is being primarily designed for the Indian customers to suit the Indian driving conditions and the Indian roads. The new small car is being primarily designed for the Indian customers to suit the Indian driving conditions and the Indian roads. The new small car will share its platform with its European and Australian siblings and will have 85 percent localization.
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Ford India is stick to set up Indian operations and their further expansion in spite of poor economic condition of its parent company. It must also be mentioned that the company has got approval for investment of worth $500 million. According to Ford India Managing Director, Michael Boneham, the Indian operations did not receive any distress calls from either Ford Motors in US or Ford Asian center operations in Bangkok.
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Ford India has started health check up of its cars owned by Indian customers. Recently, the company has launched 'Monsoon Campaign 2009' in southern regions. It will be started in Andhra, Maharashtra, Goa, Madhya Pradesh and Gujarat in 2 and 3 week of June.
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Ford is planning to elevate India as one of the strategic production hubs for small cars. In this line the company had earlier announced to invest $500 million funds injection in the country is on schedule. The new investment increases Ford’s total financial commitment in India to more than $875 million.
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Ford Motors US based one of the largest car manufacturer is expecting good growth in India and China where its subsidiaries doing better compare to its position in US automobile sector at present. Ford Motors is banking on these Asian countries because in the in the time of recession when almost all major car manufacturers of the US facing heat, their subsidiaries in India doing comparatively well. According to reports the plan of injecting $500 million in its Indian subsidiary is on track.
Ford India Pvt. Ltd is seriously thinking over to bring a new compact car in India by early next year. This was confirmed by company's Executive Director, Ford India, Nigel E. Wark. He told that the company would roll out the compact car. However, the sub-segments in the small car category will differentiate. He informed that small cars markets are the largest in India and China. The company will focus on this area. Especially, in India where the small cars volume accounts for nearly two-third of the total.
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Now after Ikon, Ford Fiesta can be used by all government departments across the country with immediate effect. The company has inked a contract with the Directorate General of Supplies & Disposals (DGS&D). This is the first time premium mid-size sedan category has been introduced within DGS&D scheme, and Ford Fiesta is the second car approved under DGS&D rate contract from the Ford portfolio after the Ikon. Ford India is the first OEM's to receive the approved rate contract for this new category and under the contract,
Ford India is all prepared with a number of task and targets to be achieved. It includes localisation, expansion of dealer and service centre, outsourcing aluminium cylinder blocks etc. Michael Boneham, president and managing director of Ford India informed that the company had some products already built and wanted to deliver it in new categories. The company wanted to expand dealer and service centre networks to the tier II and III cities.
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Ford India set off its Ford Ikon Cross Country Drive on Wednesday. Through this drive 26 state capitals and three union territories of the country will be covered. The entire distance 20,000 will be covered in a total of 46 days. Michael Boneham, president & managing director of Ford India flagged off the iconic Ford Ikon from its manufacturing facility in Maramalai Nagar.
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Ford India is ranked as one of India’s top 25 Best Hewitt’s Employers’ in India 2009. The feat is given after a study that examines people management practices in leading organization across the country. Ford India emerged as the only automobile manufacturer in the country to have achieved this feat.
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Ford Endeavour registered a 29% market share in the SUV segment in the first three months of the year. In this period the company sold more than 580 units. "The Ford Endeavour continued to be supreme and came out strong in the first three months of the year and we are proud of our clear numero-uno position," Ford India Vice-President Timothy Tucker said in a release. Ford Endeavour is available in two variants 2.5 L XLT and 3.0 L Thunder Plus. The Ford Endeavour continued to be the preferred choice for the Indian customer despite a slow down witnessed in the SUV segment.
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Ford India has again assured that its plans for India remains unchanged. General Motors also reported to be with same plans. Asked about the impact of slump in new year’s couple of months in the domestic market, Ford spokesperson in India said, “Ford should not be compared to any other global automobile players facing problems, and even internationally we have not asked for any relief or bailout package
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Due to the rupee depreciation Ford India is planning to increase prices of its Ford Ikon from the next month. It may increase up to 1.5 per cent from the last price. But the other model price sticker will be unchanged. Ford India’s Executive Director (Marketing, Sales and Service) Nigel Wark said that there will be an increase in the prices of Ford Ikon. by up to 15 per cent. He added that due to that exchange rate fluctuation their import bills for components had increased and that is reason they thought it was a logical step to tinker the price upwards a bit to offset the impact.
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US based one of the largest car manufacturer Ford Motors has registered a growth of 35% in the month of Feburary this year compare January of the same yearin India. According to Company the company sold 2,636 cars in the month ofFebruary compared to 1,956 units in January 2009. On year on year basis company registered a growth of 8% compare to same period of the Last year.
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US based one of the largest car manufacturers Ford Motors Planning to launch a new small car in India by year 2010. Ford Motors is parent company of Ford India which is operating in India. According to Ford India the company will continue with its plans of investing an amount of $500 million and the small car of Ford brand will be launched in Indian market by the year 2010.
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Ford India Subsidiary of one of the largest car manufacturer of US, Ford Motors has registered a growth of around 35% in the month of Feb. 2009. Company sold 2636 units of its car models compare to 1956 units in the month of Jan. 2009. While comparing the figures from last year the company registered a growth of 8% compare to last year. According to Timothy Tucker the vice president of sales of Ford India, “Our product strategy that was set in motion in 2008 with the launch of the new versions of the Endeavour, Fiesta and Ikon has started to pay off as we move into 2009.
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Ford Motors Leading car manufacture of US is all set to add 1000 new employees in its Indian operation. The decision is coming at a time when all over the world companies of auto sector are cutting down jobs. According to company this decision has been taken to complete its small car project in India. According to Ford Motors the project is running on track and is expected to complete by the year 2010.
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US based car manufacturer Ford Motors is planning to launch its new small car India soon. According to a statement given by Ford India President and Managing Director Michael Boneham in media the company's plans to launch the are running on track and company is expected to launch new small car by year 2010.
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US baised leading car manufacturer Ford Motors has modifyied its Ford Fiesta Zxi variant to fulfill the demand of its customers and to increase safe driving experience. The New Ford Fiesta has been made safer by adding some new brake systems like Antilock Breaking System(ABS) and brake force distribution system. The company is also added front fog lamps in this model.
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Leading car manufacturer of US Ford Motors is planning to expend its business in India. Although almost all leading car manufacturer of world holding down their expension plans due to global credit crunch.
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Ford India is planning expansion for its Indian unit. According to the National Conference on Corporate Governance, organized by the Loyola Institute of Business Administration (LIBA), Ford India's CFO and Whole time Director, Mr G. Parthasarathy told Business Line that the $500- million project announced in January 2008 is going as planned.
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Ford Motors may-might launch its new electric car in India all in association with Magna International and that too by the end of the year 2011. The first launching of car is expected to be in America while there after it will be displayed in India.
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Ford Endeavour has choosen Sunil Shetty as its brand ambassador. Its a matter of recognition that Ford Endeavour is the only SUV which recorded highest selling in the previous gone year.
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Ford Motors may be facing tough market situation in the US but its Indian operations remain unaffected. The company has planned to go ahead with its scheduled plans in India. The company is now manufacturing a small car based on earlier generation of Fiesta hatchback model.
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The present available model of Ford fusion hybrid 2010 was announced at the 2005 NAIAS (North American International Auto Show), it was announced along with the public introduction of the original 2006 Fusion model. As scheduled it is expected to come in the market by the end of the year 2010. Moreover it is expected that it would be a GenII hybrid design of the Ford group of companies which will soon replace the layouts of the present Ford Escape Hybrid car. Moreover the very same car model is about to give green flag signal to the racing event to be held at the NASCAR's at the Homestead-Miami speedway.
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