Ford India retails 15,775 vehicles (combined domestic and export) in the month of March, 2015, compared to 11,805 vehicles in the corresponding month last year. Speaking of the individual breakup - March domestic wholesales stands little low at 5,253 units against 6,356 units in the same month last year, while exports grew nearly double digits - 10,522 vehicles compared to 5,449 units in March 2014.
“With the economic recovery being slower than anticipated and a high interest rate & inflation environment, customers continue to defer their discretionary spends,” said Anurag Mehrotra, executive director Marketing, Sales and Service at Ford India. “However, Ford’s faith in India’s long-term growth prospects remains intact. We are continuing to invest in India’s future growth potential. In March, we took our growth commitment in India to a new peak with the inauguration of US $1-billion integrated manufacturing facility at Sanand, Gujarat.”
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“India is a key market for Ford and with our Sanand plant being operational, Ford is stronger than ever to provide cars and utilities that customers want and value. We plan to introduce three new models in the next 12-18 months with leading quality, fuel efficiency, safety, smart design and value,” Mehrotra said. “Alongside creating employment and contributing to economy, our manufacturing operations at Sanand will enable us to serve our customers with great quality products, both in India and around the world.”
Read in detail about the Ford India’s new Sanand manufacturing facility
Source : CarDekho
