Ford announces the price cut up to Rs. 1.07 lakh

Ford India too announced its price cut across the entire model line up with the declaration of interim budget that brought a sharp cut in excise duty over cars in India. The reduction in the price is as close as Rs. 1.07 lakh across all models.

Published On Feb 21, 2014 17:11 IST

Published OnFeb 21, 2014 17:11 IST

Last Updated OnFeb 21, 2014 17:11 IST

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The benefits are finally passed on to the customers specifically who are planning to buy Figo, Ford Classic, EcoSport, Fiesta and Endeavor. Now, the Figo hatch will costs Rs. 23,399 cheaper to its original price, while Fiesta's price reduces by Rs. 24,056. The company's highly acclaimed SUV, EcoSport, now can be availed with the price reduction of Rs. 25,947.

Moreover, Ford Fiesta and Endeavor are placed in a way to offer benefits up to Rs. 32,961 and Rs. 1,06,753 respectively.

Commenting on the move, Ford India Executive Director, Marketing, Sales and Service Vinay Piparsania said: "Reduction of excise duty is a welcome step for the automotive industry and is timely with de-growth the industry is currently witnessing. We hope it will have a positive impact on consumer sentiment and stimulate pent up demand."

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Jaimini

<p>Cars and high-end technologies involved in their making put Jaimini high to know more about these machines. Always keen to learn more about the auto industry, she has grasped a good hold of the industry at quite an early age. Her passion and yearning for cars is quite obvious looking at her flair of language that she uses while describing automobiles. Indulged quite deeply in photography as well as traveling, she still considers automobile to be her first love. She is about to bag her graduation degree shortly.</p>Read more