Ford Motor Co has reported second quarter profit of S2.6 Billion as sales in U.S. rise by 20% and the company continues to gain further market share.
The company has earned a total of $2.1 Billion on its automotive operations compared to $1.1 Billion loss a year earlier. Revenues rose $4.5 Billion to $33.1 Billion.
The strong [...]
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Auto News, Ford, News
July 23rd 2010 | Posted by lavkesh
Auto News, Auto Sales, Ford, Hatchback
July 15th 2010 | Posted by lavkesh
Ford has reached yet another milestone with the Figo. The company has garnered 25000 sales booking for its new hatchback in close to 100 days in the Indian market, cementing its position as one of the most in-demand car in the market right now.
Figo has single handedly revived Ford India fortunes helping drive the overall [...]
Auto News, Ford, Hatchback
July 6th 2010 | Posted by lavkesh
The Figo has proven itself to be a volume spinner for Ford in India and it looks like its going to repeat the same story in the overseas markets too.
At a celebration held today at Ford’s Chennai plant, Michael Boneham, president and managing director of Ford India flagged off the first shipment of the Indian [...]
Auto Sales, Ford, Hatchback
June 12th 2010 | Posted by lavkesh
Ford has struck a perfect cord with the Indian car buyer with its new Figo which has managed to sell 16000 units in just 14 weeks of its launch. The sales numbers also mean that Figo is one of the most successful new car launches in the recent times in the Indian market.
Ford is ramping [...]
Ford
May 24th 2010 | Posted by admin
Thanks to the good guys at Ford India, we got a rare opportunity to visit Ford’s manufacturing facility in Chennai and also indulge in some track driving, courtesy Ford Driving Skills for life program.
The world class facility has an integrated engine plant and the localization level is to the tune of 80-85%. We also have some dope [...]
Auto Sales, Ford, Hatchback, Volkswagen
April 21st 2010 | Posted by admin
The inevitable has happened. Ford Fiesta has displaced the Volkswagen Golf as the best selling car in Europe according to the latest figures from Jato Dynamics.
Source: autonews
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Auto Sales, Ford, Hatchback
April 1st 2010 | Posted by admin
Ford India has reported record sales for the month of March 2010, its best ever performance in a single month in India.
The recently launched Figo hatchback has contributed heavily towards Ford’s turnaround by notching up more than 10,000 bookings in the first month itself. The company sold a total of record 9,478 units in March, [...]
Ford, Geely, Volvo
March 29th 2010 | Posted by admin
China’s largest private run car maker, Zhejiang Geely Holding Group has today agreed to buy Ford motor company’s Volvo car division for $1.8 bn, country’s biggest overseas auto purchase. The sale will be closed by the third quarter of this year, pending regulatory approvals.
The final purchase price includes some of Volvo’s intellectual property and physical [...]
Auto Launches, Ford, Hatchback
March 10th 2010 | Posted by admin
Feast your eyes on images from yesterday’s launch of the Ford Figo, which is the new value for money champion in the B+ hatchback segment. We will cover the car in great details in our test drive review which will be coming up very shortly, but in the mean while lets run you down through [...]
Auto Launches, Ford, Hatchback
March 9th 2010 | Posted by admin
Just came back from the Ford Figo launch and still in awe! Ford has done the unthinkable by pricing the Figo so competitively that it would send shivers down the spines of the competitors, especially Maruti Suzuki Swift which now quiet frankly looks horribly overpriced.
If you have been following our blog lately, you must have [...]
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