Ford India today announced the price cut on ikon,Fusion,Fiesta and Endeavour. Like other manufacturers, Ford too pass the benefits to ollowing the 4% reduction in advalorem cenvat rates by the government on Sunday.. President of Ford India Michael Boneham said, “The government action will bring some relief to the Indian automotive industry in general. We recognize the need to boost customer confidence in these times as they look for increased value for money. With these changes the consumers will get yet another reason to cheer and utilize this opportunity.”
* As per the revised rate, Fusion petrol plus becomes cheaper by Rs18,500 to Rs6.18lakh
* Fiesta diesel becomes cheaper by Rs25,000 to Rs7.89 lakh
* Endeavour’s price is cut by Rs 54,000