Ford India to expand Figo’s export market
November 2nd, 2010 - 7:54 pm ICT by IANSChennai, Nov 2 (IANS) Ford Motor Company is planning to ship out its new compact car Figo to 48 more countries from its plant near here, a top company official said Tuesday.
“Soon we will be shipping out Figo to new markets like North Africa, South America, UAE, Mexico. We started Figo exports to South Africa and recently added Nepal to our export destination,” Michael Boneham, president and managing director, Ford India, told reporters here.
According to him, the demand for Figo from South Africa has increased and the company will be shipping out another 2,000 units before this year-end.
“Earlier we thought we will be exporting 5,000 units to South Africa,” he said.
In the domestic market, he said Figo continues to be in the top 10 selling compact car models for six months in a row.
Asked for how long Ford India could depend on one model to give it volumes, Boneham said: “We will be launching eight new models by 2015. No other car manufacturer is planning anything like that.”
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- Ford India to benefit from economies of scale - Sep 20, 2011
- Ford's Figo crosses one lakh-sales mark - Jul 01, 2011
- Ford India logs sales growth in June - Jul 01, 2011
- Ford India to export Figo to Asia-Pacific markets - Jul 05, 2010
- Ford's August sales up nine percent - Sep 01, 2011
- Ford India exports engines to Thailand, Figo to S. Africa - Jun 11, 2010
- Ford India to export Figo, engines to South Africa - Feb 05, 2010
- India to become hub for small engines for Ford - Jun 15, 2010
- Ford launches small car Figo with four variants - Mar 09, 2010
- Ford India's January sales zoom over four times - Feb 01, 2011
- Ford mulls fresh investments, plant expansion in India - Apr 07, 2011
- Ford, General Motors sales in neck and neck race - Oct 01, 2010
- Hyundai, Ford close 2010 with higher sales (Lead) - Jan 01, 2011
- Ford India and Nissan register sales growth in November - Dec 01, 2011
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