By: Colin Whitbread, Friday, September 30, 2011, AutomotiveWorld.com
Standard & Poor's Ratings Services (S&P) has placed its 'BB-' corporate credit rating on For...*All prices are based on a 12-month membership period.Our free E-Newsletter service is an excellent way of staying up to date with news and features from around the global auto industry.
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Friday, June 24, 2011, AutomotiveWorld.com
Senior state government officials of the western Indian state of Gujarat claim that Ford's talks to ...*All prices are based on a 12-month membership period.Our free E-Newsletter service is an excellent way of staying up to date with news and features from around the global auto industry.
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The Indian Car Mart is on a rise. All the car manufacturers are working towards tapping this potential Indian Car Mart. Ford is getting its act together. The company has approached the Gujarat government with a proposal of a second production plant.
Ford Figo has been receiving over whelming response and the company plans to maintain this momentum. Industry sources confirm Ford is planning to launch 8 new models by 2015 in India.
A spokesperson for Ford said, “We have announced aggressive growth plans with our eight new products. We have nothing else to say or add at this time.”
Ford is looking at Gujarat for its second plant. As they feel its a good automotive hub in India. Tata’s and GM’s production plants has led to component vendors in big numbers. Ford looks to benefit from this.
