...
...
Next Story

Ford India sales to double in 2006

The carmaker also announces it will launch a CNG driven Ikon by September this year.

Published on: Aug 09, 2006 07:12 PM IST
None | By , New Delhi
Prefer HTon Google
Advertisement

Powered by its sedan Fiesta, Ford India expects around 100 per cent jump in sales this year and said it will launch a CNG driven Ikon by September this year.

HT Image
HT Image

The company, which launched the Fiesta in November last year, has already exceeded the total sales figure of 2005, by June this year.

"We sold around 25,000 units last year and this year, we have crossed this number by June itself. We feel that going by this rate, we will end 2006 with a near 100 per cent growth in year-on-year sales," Ford India President and Managing Director Arvind Mathew told reporters in New Delhi on Wednesday.

The company said average monthly sales of the Fiesta were around 2,500-3,000 units.

Ford on Wednesday introduced a new version of its model Fusion and slashed its price by around Rs 60,000 to Rs 5.69 lakh, (ex-showroon Delhi).

The company, which has 115 dealerships in 79 cities, sells models like Ikon, Fiesta, luxury sedan Mondeo and SUV Endeavour in the Indian market.

The company has a capacity of about 1,00,000 units at its plant in Tamil Nadu and also exports car kits to markets like China, South Africa and South America.

 
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk Hunger Strike LIVE and more across India.
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk Hunger Strike LIVE and more across India.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe