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Following in the footsteps of its main rival, General Motors, American auto company Ford Motor, too, is planning to launch its commercial vehicles in India. According to media reports, Ford India will be making a formal announcement regarding the CV launch within the next few months, and will introduce light and medium-duty trucks in the country Read More...


 

Ford India started a second shift at its production facility in Maraimalainagar, Chennai, in June 2010, to meet the growing demand for its small car, Figo. The company has so far received 24,000 orders for the Figo, which was launched in March 2010. The car has been a big hit in the domestic market, and Ford expects it to do well in export markets Read More...


 

Most car companies in India posted a double-digit growth in their domestic sales in June 2010, with General Motors and Ford India growing by as much as 112 percent and 267 percent respectively. The two American companies owe their success largely to the popularity of their small cars Chevrolet Beat and Ford Figo. Tata Motors, too, saw a 63 percent Read More...


 

In keeping with its plan to launch a new product every 12-18 months, Ford India may introduce another small car in the country by 2011. According to media reports, the car, codenamed ‘B156’, will be smaller than the Ford Figo. The Figo was launched in March 2010, and has sold 16,000 units so far, with an additional 21,000 bookings. The company is Read More...


 

Ford India will be hiking the price of its popular compact car, the Ford Figo, from June 1, 2010. The car is currently priced at Rs 3.5 lakh (ex-showroom, Delhi) for its entry level petrol variant and Rs 4.48 lakh for the diesel variant. Ford India Executive Director (Marketing, Sales and Services), Mr Nigel Wark, told mediapersons that the hike Read More...


 

Ford India is planning to launch a car built on a new global platform by 2011. The company will also upgrade the Fiesta, the Endeavour and the Ikon to improve sales in India. Mr Michael Boneham, President and CEO of Ford India, said that the company’s strategy was to launch a new car every 12-18 months and to not limit itself to a specific Read More...


 

While GM and Ford have seen a considerable increase in their sales in India following the launch of their small cars Beat and Figo, Volkswagen is yet to make a mark with its Polo, possibly because of its higher price. The VW Polo comes at a starting price of Rs 4.34 lakh (ex-showroom, Delhi), compared to Rs 3.49 lakh for the Figo and Rs 3.41 lakh Read More...


 

After the end of a successful financial year in March 2010, passenger car companies in India continued on their upward trajectory in April 2010. Maruti Suzuki’s total domestic sales stood at 80,034 units in April 2010, up from 64,857 units in April 2009 – an increase of 23.4 percent. While the company’s passenger car sales grew substantially, its Read More...


 

Ford India is planning to start a second shift at its manufacturing facility in Chennai to meet the increasing demand for its small car Figo. The company sold 7,210 units of the Figo in March 2010 – the first month of its launch. Mr Michael Boneham, Ford India Managing Director, told mediapersons that the company would start a second shift in Read More...


 

Chinese auto-company Zhejiang Geely last week signed a deal with USA’s Ford Motor to buy the latter’s Swedish unit, Volvo Cars, for $1.8 billion. This will be the largest overseas acquisition by a Chinese automaker. The deal was finalized by Zhejiang Geely’s Chairman Mr Li Shufu and Ford Motor’s Chief Financial Officer Mr Lewis Booth in Read More...


 

Ford India launched its first compact car in the country, the Ford Figo, this week. Priced at Rs 3.49 – Rs 4.42 lakh for the petrol version, and Rs 4.47 – Rs 5.29 lakh for the diesel version, the Figo will compete with a host of other cars in the segment including the Chevrolet Beat, the Maruti Ritz, and the Hyundai i10. The car offers a number of Read More...


 

American car companies, General Motors and Ford, may be able to win over a good share of erstwhile Toyota loyalists if they continue to focus on quality. Until its recent spate of car recalls, Toyota was considered the most reliable of all auto companies in the US. However, customers are now seriously considering switching to GM or Ford, which Read More...


 

A number of auto companies in the country have hiked car prices following the announcement of Budget 2010-11 last week, which increased the excise duty on all non-oil products from 8 percent to 10 percent. The excise duty on bigger cars, which stood at 20 percent earlier, has also gone up to 22 percent. The companies that have announced definitive Read More...


 

Ford India is planning to discontinue the sale of its hatchback model, the Fusion, after the launch of the Figo. The production of the Figo, designed specifically for the Indian market, began at Ford’s Chennai plant on February 5, 2010. The car will be launched in March. Ford India President and Managing Director, Mr Michael Boneham, told media Read More...


 

Auto company Ford Motor will be launching a new small car in the US under its Mercury brand in 2011. Ford’s President in the Americas, Mark Fields, said that the company was responding to the current trend towards fuel-efficient cars with its new small-car lineup. The new Mercury car will be one the ten vehicles that Ford is planning to launch Read More...


 

Ford India will launch its much-awaited small car, the Ford Figo, in March 2010. The car’s production was flagged off last week at Ford’s Maraimalainagar plant near Chennai, by Tamil Nadu Chief Minister M Karunanidhi. Mr Michael Boneham, Ford India President and CEO, said that the car would compete with Hyundai’s i10 and Maruti’s Swift, but did Read More...


 

Ford India will start the commercial production of its small car, Figo, at its Sriperumbudur plant near Chennai on February 05, 2010. The company had earlier signed an MoU with the Government of Tamil Nadu to invest Rs 1,500 crore in the expansion of the Sriperumbudur plant and use the additional capacity to produce the Figo, along with new Read More...


 

Ford India launched a new variant of its entry level sedan, the Ford Ikon, last week. The ‘Ford Ikon Plus’ comes with extra security features and is available with both petrol and diesel engine options. The car’s price ranges from Rs 5.17 lakh (ex-showroom, Delhi) for the petrol version and Rs 5.77 lakh (ex-showroom, Delhi) for the diesel version. Read More...


 

Ford India will hike the prices of its cars by up to Rs 40,000 from January 1, 2010. The company said in a press statement this week that all its cars would see price hikes ranging from Rs 6,000 to Rs 40,000, owing to increased input costs and exchange rate fluctuations. It currently sells the Ford Ikon, the Ford Fusion, the Ford Endeavour and the Read More...


 

After concentrating on developing special seats and other safety features in cars for infants and children, automakers in the US are now working on making car travel safer for pregnant women. The Virginia Tech-Wake Forest University School of Biomedical Engineering and Sciences in Blacksburg, Virginia, recently concluded a research project on the Read More...


 

US-based Ford Motor Company is likely to complete the sale of its Volvo Car Corp. to China’s Zhejiang Geely Holding Group Co by the second quarter of 2010. The two companies announced in press statements this week that Ford has agreed to most terms of the sale, and an official agreement may be signed in the first three months of 2010. On October Read More...


 

Ford India launched the special edition Fiesta 1.6 ZXI last week. Priced at Rs 6.44 lakh (ex-showroom, Delhi), the car comes with leather seats, medium stone interiors, a premium cubic finish on the fascia and metallic trims. While there are no changes in the car’s engine, Ford has added additional safety features to it including an anti-lock Read More...


 

In marked contrast to last month’s Tokyo Motor Show, the Delhi Auto Expo to be held in January 2010 is attracting automakers from all over the world. Media reports say that though there are still two months left for the Expo, the venue – Pragathi Maidan - is already fully booked. The Auto Expo will begin on January 5, and will go on for a week. Read More...


 

Ford Motor Company posted a positive cash flow of $1.3 billion in the third quarter of 2009, leading the company’s shares to shoot up. The July-September 2009 period has been Ford’s first positive quarter since the second quarter of 2007. In the first half of 2009, the company burned through $4.7 billion of cash. Following its surprising financial Read More...


 

Ford Motor Company has decided to shut down an assembly plant at Oakville, Ontario due to a shortage in component supplies from Rico Auto Industries. The Oakville plant will remain closed from October 26 to October 30, 2009. Gurgaon based Rico Auto has been facing labour unrest since September 21, 2009, when 16 of the company’s employees were Read More...


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