Thursday, June 3, 2010

Ford India sales increased three-fold during May 2010

Ford India, a subsidiary of US based leading car maker, on Tuesday posted a three-fold increase in its May 2010 sales. The company managed to sell 8,080 units of its cars in India during this month as against 2,168 units it sold during the May 2009.

The main contributor to this high growth was the volume sales of its recently launched compact hatchback Ford Figo which is receiving an overwhelming response from the Indian buyers. In just two-and-a-half months of its launch in India the company has managed to achieve more than 20,000 bookings for this car.

Ford Figo

According to Mr Michael Boneham, Ford India President and Managing Director, the company has achieved more than 20,000 bookings since launch and is happy to see more and more Ford Figos gaining visibility and presence on road.

The company is planning to start a second manufacturing shift at its Chennai plant so that it can catch-up with the whooping demand and increasing backlog. The company is planning to invest heavily on its Chennai facility to increase the production capacity to 2 lakh units annually from existing 1 lakh units.

Ford Figo

All portfolio models of Ford India performed well during this month including Ikon, Fiesta and Endeavour.

Source:- Ford India sales increased three-fold during May 2010 - New Cars

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