In a time span of another five years, Ford India would have delivered 8 vehicles under its platform, said its President for Asia Pacific and Africa. The company has devised some huge plans for the region and will be implemented during the middle of this decade, he added. However, the industry analysRead More..
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The car segment in the Indian auto industry is on the ever increasing pace. The segment is to cherish the moment of pride as the new hallmark of the industry is on the cards- 3 million unit of the passenger car which is on the 3.5 million mark soon. The economic downfall had not affected the sale oRead More..
The success story of Figo in the Indian market will continue to be a nice serial in the auto entertainment directed by Ford. The company is too willing to share this success with few more launches in this Figo [images] platform – a smaller version to Figo , a compact SUV and Fiesta hatchback. FordRead More..
Ford India has better reasons to rejoice as sale of its Figo [images] excelled in this period. The overall figure of Figo volume-30000 units- is more than the net production made in 2009, thereby forcing Ford to go in for the second shift at its facility, said the company’s President and MD for InRead More..
The Japanese car maker Honda said the ensuing hatchback car for India, under a JV with Siel Group slated for 2011 will not find place in the volume prone small car segment. Rather it will have its slot above the small car range. The Chief Operating Officer of the company’s Asia and Oceania area saRead More..
Not able to withstand the rise in the input cost, Ford India has proposed the rise of price for its Figo [images] from May end. The cost of Ford now is in the range of Rs3.5-4.48 lakhs which may see the rise. The company’s Executive Director said that there has been a rise in the industry cost, sRead More..
India’s second largest car maker Hyundai is pinning on the hope of retaining its position by initiating its engine unit in India. The move comes after a 3-month feasibility study and a final word will come off soon, said an official from the company. The unit will involve an investment of $550 mRead More..
The clash is vital and crucial for the auto industry after a reverberating recession world wide. This time the clash is between the South Korean car maker Hyundai and the American car giant Ford. Hyundai has seen the nuance to counter Ford’s Figo by devising the diesel variant of i10. Now only HyuRead More..
The Chennai plant of Ford India will press some 700 people as hired labor in a bid to increase its production by 40%. The current strength of the plant is around 3000 and the new hiring is for the shop floor in addition to some team leaders and senior engineers. Ford feels that recruiting qualifiedRead More..
The rise for the demand of domestic cars, Hyundai is set to counter Maruti 800 by releasing a new compact car. The car would cost as much as the range of Maruti 800. This car will be crafted in Korea with an800cc engine and will be a petrol variant at a cost around Rs2 lakhs. Maruti 800 MPI BS-IIRead More..