Ford India Currently Focusing On New Strategy To Expand Its Base In India
Welcome Back Reader! You Can Still Subscribe To Our RSS Feed , SMS Subscription Or Via Email Subscription
Ford India is currently focusing on expanding its market share including raising the local content of its vehicles, expanding the dealer and service centre networks and entering new segments, Ford India is adopting new expansion strategies.
Michael Boneham, president and managing director of Ford India said “We have current set of products and are moving into new segments in which we are not present now.” He also said that the company would expand its dealership and service centre networks to the tier II and III cities and invest $500 million for expanding capacity.
In addition to this, Ford India is now outsourcing the aluminium cylinder blocks from the Pune-based Jai Hind instead of importing them from Europe. Mr. Nigel E. Wark, the company’s executive director said “The local content in our Ford Ikon and Ford Fiesta models are 90 percent and 85 percent respectively.”
“The concept has been implemented in 24 dealership outlets located in Mumbai, Hyderabad, Bangalore, Delhi and Chennai. We will expand this to other dealerships as well,” Wark said.
Later, Boneham flagged off the 20,000-km Ikon cross-country drive, organised jointly by Ford and Autocar India. He said the journey would thoroughly test the vehicle as it would traverse different kinds of Indian roads, while touching 26 state capitals and three union territories in46 days.
Similar Posts:
- Ford India To Raise Ikon Price In April
- Ford Prepares For Ikon Cross Country Drive
- Ford Ikon Plus Launched In India
- Ford Ikon iKool Launched Today In India
- Ford India To Increase Price For Its Existing Portfolio
- Audi To Expand More Dealerships In India
- Ford Opens 28 New Authorised Dealers In 24 Cities Across India
- Ford India October 2009 Sales Figures
- Ford India Announced Quick Service Station
- Ford Fiesta 1.6 ZXI Special Edition With Leather Seats Launched In India
Posted: April 30th, 2009 under Cars.
Tags: Ford, ford current plans, ford expansion in india, ford india, ford india dealer expansion, ford strategy



























