Archive for the 'Ford India' Category

Ford plans to make India its A-Pac, Africa hub for engines

Ford India, the wholly-owned subsidiary of Ford Motor, plans to make India its strategic manufacturing hub for engines in the Asia Pacific & Africa (APA) region. It will export both petrol and diesel engines to South Africa and other countries in the APA regions in the next two years. The company will take its engine production capacity in Chennai to 2.5 lakh from 60,000 per annum. This is part of Ford’s strategy to invest Rs 2,000 crore to increase the production of engines and vehicles by 2010. Read more
Courtesy: economictimes.indiatimes.com

Gujarat emerging as export hub for auto majors

Gujarat is poised to become a major auto export hub in the country with several vehicle manufacturers coming to the state to invest in its ports to set up automobile-handling terminals.

The Mundra port, developed by the Mundra Port and Special Economic Zone (MPSEZ), will have a car export terminal operational by the first quarter of 2009, a top official of the company, who spoke on condition of anonymity, told reporters. Read more
Courtesy: economictimes.indiatimes.com

On-road price tag for Jaguar & Land Rover runs to $3 bn

The final acquisition cost of the iconic Jaguar-Land Rover (JLR) brands by Tata Motors is likely to be about 30% more than the $2.3 billion announced on Wednesday. The $2.3 billion covers just the price of the brands, assets and technology know-how. A big part of the additional cost would go for engine and component supply. A Ford Motor spokesperson confirmed that a separate contractual pact has been signed for engines and components. Read more
Courtesy: economictimes.indiatimes.com

Ford India to launch small car in India in 2010

Auto major Ford India will be launching its small car in 2010, a top company official said here on Wednesday.

“We are working on the small car programme and will be launching it in 2010″, Scott McCormack, Vice-President, Marketing, Sales and Service, Ford India told reporters here. Read more
Courtesy: www.indiacar.net

Ford to invest $500 mn for expanding India operations

Global auto major Ford Motor Company (FMC) will invest an additional $500 million over the next two years to expand its Indian operations for manufacturing small car and components for domestic and overseas markets, a top company official said here on Wednesday.
Read more
Courtesy: economictimes.indiatimes.com

Autocar India & Ford Fiesta achieve record-breaking feat

Autocar India have partnered Ford to establish a record breaking mileage of 33.4 km to a litre under actual road conditions on the Bangalore-Mumbai sector on a single tank of fuel on a Fiesta Duratorq TDCi model.

Autocar India’s team of three drivers drove the Fiesta 1.4 litre Duratorq TDCI diesel for 996.7 km between Bangalore and Mumbai, using only 29.8 litres of diesel. “The car used for this mileage marathon did not undergo any modifications,” Autocar editor Hormazd Sorabjee told reporters here today. Read more

Courtesy: www.indiacar.net

Ford launches new Fusion variant

Car maker Ford India on Tuesday launched a new variant of its hatchback Fusion with additional features, price starting from Rs 6,16,500.

The company said the new variant of Fusion would be available in 1.6 litre petrol and 1.4 litre diesel versions, which would be priced at Rs 6,16,500 and Rs 6,83,500 (ex-showroom, Delhi) respectively.
More
Courtesy: economictimes.indiatimes.com

Ford, Tata likely to sign Jaguar MoU within 2 weeks

Tata Motors is expected to sign a memorandum of understanding to buy Ford Motor Co’s luxury UK brands Jaguar and Land Rover in the next two weeks, a labour union negotiator said on Friday.

There are no roadblocks holding back the deal, but negotiations have proved complex, added Dave Osborne, national secretary for vehicle building at the Unite union. Unite is the main union representing workers at Land Rover and Jaguar, and has about 12,000 members there. More
Courtesy: economictimes.indiatimes.com

Engine trouble may delay Tata-Jaguar-Rover deal

The Tata-Jaguar-Land Rover deal may be slightly delayed as issues relating to supply of engines, platforms and technologies are still to be sorted out. While Ford always maintained that an agreement will be reached in early 2008, there have been media speculations that an MoU between Tata and Ford will be signed as early as March 5 or 6. Sources close to Ford said that these things take their time and it is very difficult and unwise to predict a specific date. Significant progress has been made, however there are still some issues that need to be resolved, sources at Tata Motors said. Read more
Courtesy: economictimes.indiatimes.com

Jaguar, Land Rover deal likely next week

Ford Motor and Tata Motors could announce the sale of British automakers Jaguar and Land Rover on March 5 or 6, a top union official said. Dave Osborne, automotive industry national secretary for the Unite union, said Tata assured the union last week that it would keep employment in the UK around the current 15,300.

Tata also denied press reports that it plans to sell the luxury sports car brand Jaguar shortly after the purchase, or that it wants to build Land Rover off-road vehicles in lower-cost India, Osborne said in a telephone interview. ?We do believe that Tata motors, in the event of a sale… offers the best alternative for our people in the UK,? Osborne said. More
Courtesy: www.indiacar.net


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