Ford plans to export its new EcoSport SUV from India to Europe.
“We already export the Figo to 38 countries globally from India, but not to Europe. The European equation works well with the EcoSport. We expect even a better export market for this,” Joginder Singh, president and managing director, Ford India said.
The new EcoSport SUV is manufactured at Ford’s Chennai plant in India and is expected to hit the market in June. Singh added the product is ready and that it will be launched after the advertising campaign in May. The company did not disclose the price of the model, but the local automotive media is saying that the Indian Ford EcoSport will cost around Rs 6-8 lakh.
The EcoSport will come with three engine options: diesel, petrol and petrol powered with eco-boost technology, the first of this king in India. Ford India plans to make this market a major export hub for the other markets. All units will be mated to a five-speed manual transmission while the 1.5 liter petrol will get an automatic option.
“About 40 per cent of the engines assembled and 25 per cent of cars made in India will be exported then (2014),” Singh said.
Source: Business Standard