New Fiesta introduced on Thursday is available in both petrol and diesel versions.
Ford Motor India said on Wednesday that it has firmed up plans to launch 'Fusion' in the next three months as the prototype of the vehicle, a crossover between a car and an MUV, has been developed.
Ford Motor India would announce an across the board price hike next month, a top company official said on Wednesday.
Ford Motor India on Monday said the sales of its flagship model Ikon crossed the 10,000 mark in the first five months this year and the company was poised to post profit in 2004.
Ford Motor India plans to hike prices by up to Rs 19,000 on mid-size car Ikon next month after steep increase in steel prices raised input costs and put pressures on margins.
Ford Motor India said on Monday that it hopes to wipe out its losses this year riding on the growing sales of its mid-size sedan Ikon.
Ford Motors India has apologised for an ad campaign that showed scantily-clad, voluptuous women gagged, bound and stuffed in the trunk of the car maker's Figo model.
Volvo will hold discussions with its parent company to start assembly operations in India by the end of this year.
Volvo India is in talks with Ford Motors India to start assembly operations in India.
Ford launched its new Endeavour for Rs 17.32 lakhs. It is also planning an investment of $500 millio in small car segment in India.
The discount offer comes on the back of Japanese giant Honda Siel Cars offering a substantial discount of Rs 800,000 on the Civic Hybrid. HSCI sold 235 Civic Hybrids, which carried a priced tag of Rs 14 lakhs (Rs 1.4 million) after the discount, in 10 days. The offer by Ford will run on the full range of variants of the car for a limited period of 10 days starting Wednesday.
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
Ford Motor India on Wednesday said it would launch its new premium mid-sized sedan 'Fiesta' by November this year in the Indian market.
The US auto giant Ford Motor on Tuesday said it would post profits at its Indian unit from this year, with a strong sales growth of its mid-size sedan 'Ikon' in the market.
Maruti, Tata Motors and Ford Motor India have already made similar announcements.
Built on the Ford Figo platform, this car is a lot different because it has got a wider track, a better ride height, new set of 15-inch tyres wrapped around in smart black alloys and a ground clearance of 190 mm, says P Tharyan.
While offering discounts of up to Rs 1 lakh, Hyundai, Ford and Honda are also hiking prices by 1-2% from January, Swaraj Baggonkar/Business Standard reports from Mumbai.
New campaigns rev up their marketing pitch, while new challengers such as Tata Motors with the Zest promise to put up a spirited fight
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