Saturday 13 February 2010
Ford Figo and Volkswagen Polo will be launched in India
The Indian auto Industry registered a record sales growth in the starting month of this year and the major contributor to this growth was small car segment. Where the sales of Maruti's flagship model Maruti Alto and Maruti Wagon R remain on top, Hyundai's Santro Xing and i10 models registered a good sales figures. But the show stopper was the Chevrolet Beat model which received a very good response from the Indian customers as company has already sold 2825 units of Chevrolet Beat model in the month of January this year. It is expected that the momentum of high growth will remain in coming months also as many new car models are expected to be launched in India in coming months. Ford Motors is all set to launch its Ford Figo model in India as the production of the model has already been started at its Chennai plant. Ford has invested nearly $500 in its operations in India and the company is targeting to make India its export hub for its small car Ford Figo.
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