print article Print     e-mail article E-mail
Published September 24, 2009, 08:16 AM

Ford to make low-cost compact car in India

Ford Motor Co. unveiled a made-in-India compact car and flagged expanded production in China as it seeks to boost sales in Asia, a region the U.S. automaker has hardly dented but is counting on to drive growth.

NEW DELHI (AP) — Ford Motor Co. unveiled a made-in-India compact car and flagged expanded production in China as it seeks to boost sales in Asia, a region the U.S. automaker has hardly dented but is counting on to drive growth.

The four-door “Figo,” which is Italian slang for ‘cool’, will go on sale in India during the first quarter of next year, Ford executives told a press conference Wednesday. There are also plans to export the low-cost car to other Asian countries.

Tags: , , , 

More from around the web