The diesel variant of the new Ikon would come with a 1.4 litre DuraTorq TDCi engine, while the petrol variant would be available with a 1.3 litre RoCam engine. The company would launch a new small car in India in 2010.
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.
Ford India on Tuesday launched Fusion Plus, a new variant in the Ford Fusion range, priced at Rs 616,500 and Rs 683,500 (ex-showroom, Delhi). The company claims that Fusion Plus offers consumers excellent value for money and the introductory offer on the Fusion Plus during the month of March includes an MP3 player with 4 speakers.
Central government has approved the proposal to buy Ford's Ikon Flair for institutional purchases. Ford India has entered into a tie-up with the Directorate General of Supplies and Disposals for this. The Ikon will be available to government departments at a special rate. Ford India had supplied its SUV Endeavour and sedan Fiesta to various government and public sector undertakings. Besides the Ikon, Ford India sells sedan Fiesta, compact car Fusion, SUV Endeavour in India.
Mahindra group and Ford Motor Co will jointly develop new SUVs and a small electric vehicle as part of several initiatives to take forward their collaboration pact signed last year.
"The small car will be our new model and it will be rolled out by early 2010," Ford India Executive Director Nigel E Wark told reporters in Kolkata. He said the company is yet to decide on the target segment of the small car, but added that it would not compete with small cars like Nano from Tata Motors' stable.
Maruti Suzuki India (MSI) on Monday reported a 29.1 per cent rise in total sales in October.
Leading Indian public sector banks State Bank of India, Bank of Baroda and Syndicate Bank are close to committing a part of the $3 billion bridge loan that Tata Motors has to raise to finance the acquisition of Jaguar and Land Rover from Ford.
Carmaker Ford India launched on Thursday a new customer support initiative -- Ford Roadside Assistance, under which it will offer round-the-clock on-site emergency breakdown service to its existing and new customers.
Ford India on Tuesday launched a diesel variant of its premium hatchback Ford Fusion priced at Rs 659,000
With the diesel-powered vehicles looking to form a large chunk of the automobile market in the next three to four years, Ford India is planning to set up a diesel engine facility in its existing 350 acre complex in Chennai.
In the two-wheeler segment, Bajaj Auto reported 31 per cent jump in total sales at 357,883 units in February against 273,513 units in the same month last year.
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
The measures government takes next to push economic growth will be the key for automotive sector
There was no sale of premium sedan Kizashi during the month.
Powered by its sedan 'Fiesta', Ford India expects around 100 per cent jump in sales this year and said it will launch a CNG driven Ikon by September this year.
Ford India has introduced a new line-up of its mid-size sedan Fiesta in New Delhi.
Ford India on Wednesday signed up Bollywood star Abhishek Bachchan as the brand ambassador for its new mid-sized sedan 'Fiesta.'
Ford Motor India on Wednesday said it would launch its new premium mid-sized sedan 'Fiesta' by November this year in the Indian market.
Ford is among several multinational automobile companies in India for whom exports now bring bigger volumes than local sales.
Ford India is expected to increase the price of its newly launched premium sedan Ford Fiesta in about a month by Rs 20,000-Rs 30,000.
Ford on Tuesday announced the prices of its new sedan 'Fiesta', with the entry level 1.4 litre petrol version being pegged at Rs 5.59 lakh.
Ford Motor Company expects its sourcing of components from India to double or even treble in the next few years, a top official of the company's Indian subsidiary said on Wednesday.\n\n\n\n
Reflecting the mood, passenger vehicle sales in November either remained muted or skidded for most manufacturers as high fuel prices and the higher cost of borrowing dampened buying sentiment.
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.
The youngest in the new lot is Rahil Ansari, 38, who is heading Audi in India since February
Early GST rollout to help create more jobs, boost output, says IMF.
Maruti Suzuki, Hyundai and Mahindra failed to register significant growth.
The models from Hyundai and Maruti, which might go on sale in October 2018 and February 2019, respectively, are set to revive a segment that had lost sheen to the compact SUV segment, lately
Some cars that are emblematic of India's automobile industry will no longer come off the assembly lines after this year.
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