Ford India records 137% growth in domestic sales | india | Hindustan Times
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Ford India records 137% growth in domestic sales

Ford India records 137% growth in domestic sales

india Updated: Jul 05, 2006 20:21 IST

Ford India on Wednesday announced that the company had posted a growth of 137 per cent for its domestic sales in June 2006.

The company sold 3,428 units in June compared to 1,445 units sold in the same period in 2005, a Ford India statement said.

During the period of January to June 2006, the company registered an overall growth of 91 per cent with the sale of 23,756 units compared to 12,436 units sold during the same period in 2005.

"This is an indicator of the popularity of Ford vehicles in the mid-size segment in India," it said, adding that the company had maintained its high-growth momentum since the launch of the Fiesta in November 2005.

The young Ford Ikon, targeted at youth, is gaining even greater popularity, it said.

"Our growth momentum over the last six months is an indicator of the ever growing demand for Ford models in India. This is indeed reaffirmation of customer acceptance to the outstanding value proposition that we offer with our line up of products in India," said Arvind Mathew, president and managing director of Ford India.

Ford has received an overwhelming response for the all-new Fiesta, and especially for the diesel variant.

Recently, the company launched a top-end luxury version, the Fiesta 1.4 SXi Duratorq diesel.

To meet the growing demand for Ford models in the country, the company has aggressively enhanced the dealer sales and service network and has 115 dealership facilities in 79 cities across India.

Ford ranked among the top three automotive brands in the JD Power Asia Pacific 2005 India Customer Satisfaction Index Study, the company said.

Established in 1995, Ford India is a wholly owned subsidiary of Ford Motor Company.