Ford India Ltd on Tuesday drove into the growing sports utility vehicle market with the launch of its Endeavour model.
He will be succeeded by Joginder Singh, who now heads the Business Services Centre of Ford Motor Company.
The move will make it the first global automobile major to design a vehicle here
The automaker will invest USD 195 million (about Rs 1,300 crore) and would employ 3,000 workers over the next five years, Ford Executive Chairman Bill Ford said in the Tamil Nadu capital today.
Ford had reported a loss of $404 million in Europe in the second quarter this fiscal and had said it expects the full year loss in the continent to exceed $1 billion.
Early this year, Ford displayed SUV-Ecosport at the Auto Expo held in New Delhi.
The Hollywood veteran was spotted driving around Saturday.
Raja Sen picks his top 10 favourites from Coppola's cinematic vineyard.
Car maker Ford India said it is looking at introducing a small car model in the country as part of its strategy to roll out eight new products by 2015.
Days after Ford Motor chairman and CEO Bill Ford promised fresh investments for India, the company said it will be pumping in $75 million (around Rs 330 crore) for expanding operations.
Betty Ford, the much-admired wife of late United States President Gerald R Ford and powerful advocate of women's rights and health who helped treat drug and alcohol addicts at her California-based facility, has died. She was 93.
Ford India launched the premium action sports utility vehicle, which is equipped with a 2.5 litre duratorq engine and is available as 4x2 wheel drive and 4x4 wheel drive variants at the cost of Rs 14,72,000 ($36,058).
US automobile manufacturer Ford is studying the feasibility of launching a compact car in India that will be imported as a completely-knocked-down kit from a manufacturing hub in Thailand.
Indian conglomerate Tata and US car maker Ford are expected to complete the deal of the latter's luxury brands Jaguar and Land Rover within a few days, a media report said on Monday. According to The Guardian newspaper, Ford is expected to complete the sale of Jaguar and Land Rover to Tata "within a few days." However, neither side has put a price on the marques. The price tag is likely to get closer to $ 2 billion. The deal was prolonged due to complexities in the agreement.
The lucrative $300 million Himalayan Ski Village project, of American auto giant Ford, has been further delayed.
They have realised that there is a lot of money to be made from selling ultra-luxury villas at holiday destinations in India. The target customers will be high net worth individuals, since each of these villas is being branded as "second homes" and will be sold for upwards of Rs 2 crore (Rs 20 million).
The car is good enough to dethrone the current segment king, the Toyota Fortuner.
The company had drawn flak from different quarters for the posters, one of which also depicted socialite Paris Hilton hauling the three Kardashian sisters in the trunk of the Figo hatchback.
Auto maker Ford India on Thursday said it has hiked prices by 1-5 per cent on different models with immediate effect to offset rising input costs.
Riding on the success of Ford Ikon and Ford Fiesta, in the mid-size sedan segment, Ford plans to roll out the new car by March.
The recall will impact different batches of Figo and Classic models manufactured between January 2010 and June 2012.
US auto giant Ford Motor Company has appointed Alan Mulally as president and chief executive offer.
Former South Africa physio Craig Smith says it was unfortunate that India missed out on Graham Ford's services as coach of the national team.
EcoSport will be offered in four variants in petrol and diesel, mated with automatic transmission for effortless driving.
With India leading the small SUV market and attracting majority of investments from Ford Motor Company, the country is set to become a hub for the US automobile major, a top official said.
Ford is among several multinational automobile companies in India for whom exports now bring bigger volumes than local sales.
Though the Indian passenger car market has been a tough nut to crack, Ford Motor India is planning to launch its future products in the mid and high end car segment and will bring out a new Endeavour in early 2007
US carmaker Ford Motor Co, which aims to enter the Indian small car market by 2010, plans to make the country a regional hub for exports, both for the cars and engines.
The partnership will look to expand Ford's reach in the fast-growing Indian market and improve M&M's access to global markets
Apple and its vendors are aiming to assemble 32 per cent of iPhone's global production volume and 26 per cent of its value in India by 2026-27 -a year after the final year of the five-year production-linked incentive (PLI) scheme for mobile devices. This could translate into a production value of over $34 billion, assuming global iPhone sales remain consistent with 2023-24 (FY24) levels. The estimates are based on discussions between Apple Inc and its vendors, along with central and state governments, regarding the assembly of products in India, according to sources.
Ford is looking at multiple platforms to drive into India's small car market.
Ford India has entered into a collaboration with car designer Dilip Chabaria who would customise its Fiesta model according to customers' requirements even as the company does not plan to introduce any model in the Indian market this year.\nFord's 'i
Even as it is struggling to run its existing plants at half their capacity, due to dwindling sales, Ford India is pressing ahead with its Rs 4,000-crore vehicle and engine plant in Gujarat.
As of Feb. 28, the second-largest US automaker received six reports of tanks with a fuel odour or leak due to the defect.
As part of the new Central Motor Vehicle Rules, the government is framing a mandatory recall policy entailing penalties.
An Indian-origin doctor was among the first who came to Harrison Ford's aid immediately after seeing his plane crash-land on a Los Angeles golf course.
The reductions will be applicable across Ford Figo, Ford Classic, Ford EcoSport, Ford Fiesta and the Ford Endeavour.
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