Ford India has hiked the price of it’s hugely popular hatchback, the Ford Figo, citing increased input costs as the reason. The Figo, which single handedly has led Ford India’s sales to multiply many times over has been selling as quickly as Ford seems to be able to make it. Ford has been meeting the growing Figo demand by running two shifts at it’s Chennai plant even as demand continues to steadily increase.
While Ford India has not effected this price hike on it’s other car models in India, it is keeping close eye on input costs, whose further rise would force Ford to hike prices of it’s other models like the Fiesta Classic and Endevour as well. Meanwhile, here’s Ford India President and Managing director commenting on the 1% price hike on the Ford Figo.
Prior to the launch of Ford Figo,Maruti and Chevrolet has stronghold in small car segment.But after arrival of Fgo,people are inclined towards it.The reason is its a subtle and compact design,stylish interior and fuel efficiency makes it a good choice for Indian families which normally opt a hatchback.
ReplyDeleteford figo price