Ford to launch 8 new models by 2015

Ford India plans to launch eight new vehicles in India by 2015, said Mr. Joe Hinrichs, President of Ford Asia Pacific and Africa (APA at the annual convention of the Society of Indian Automobile Manufacturers. “We have big plans for India and this region. By the middle of this decade we will introduce eight new vehicles from our global platforms, in segments appropriate for this market,” he said. “

By 2012, more than 70 per cent of the vehicles sold under the Ford brand globally will be built off 15 core platforms. By bringing suppliers into the development process earlier, we can ultimately generate more profit for the supply chain,” he said

Ford India to export Figo to 50 new markets

Ford India will export the Figo to 50 new markets, including Mexico, UAE and some North African countries. From May this year the company had started exporting Figo to South Africa. On localisation of components Ford has recently added 30 new suppliers from India and going forward the number will go up.

Source: Business Standard, HBL