Is Ford EcoSport being discontinued in India?
Ford said in a statement, “Sales of current products such as Figo, Aspire, Freestyle, EcoSport and Endeavour will cease once existing dealer inventories are sold.” Following a decade of losses, Ford announced today that it will end production of vehicles at its two assembly plants in India.
Is Ford going to quit India?
Ford’s decision to stop making cars in India ends its more than two-decade long presence in a market it no longer sees as profitable. Ford said earlier this month it plans to wind down production at its western India plant by the end of this year and at its southern India plant by the second quarter of 2022.
Is it OK to buy a Ford car in India?
Ford cars usually come with high resale value. But, if the brand doesn’t have manufacturing operations in India, then the resale value would take a hit due to consumer perceptions. However, if you are planning to drive the car for 7-8 years, then you can ignore the reduced resale value factor.
Is Ford successful in India?
So, then why did Ford fail? It clearly wasn’t for a lack of commitment. In fact, the American carmaker followed the same business template in India as some of its hugely successful rivals like Hyundai but after persevering for 27 unprofitable years, it didn’t manage to crack the Indian code.
What Ford got wrong in India?
Ford Motor Company announced on September 9 that it was forced to stop manufacturing in India and close two factories owing to ‘large accumulated losses and lack of growth in a challenging market’. According to the brand, it has lost more than $2 billion in operating losses over the last 10 years.
What’s the waiting period for a Ford EcoSport?
The waiting period may normally range from two weeks to several months. If you are particular about a uncommon colour, then you should be ready to wait. Long waiting period causes trouble to the buyers and most of the customers cancel their bookings due to the pro-longed delay in delivery. The Waiting period of the Ford EcoSport listed below
What’s the waiting period for Maruti Swift diesel?
Incidentally in 2012 and 2013, due to the price differentiation between petrol and diesel resulted in huge demand for diesel cars among buyers and hence a higher waiting period. Cars like Maruti Swift, Swift Dzire, Honda City, Ford Ecosport had huge waiting period. The waiting period may normally range from two weeks to several months.
How many units of Ford EcoSport have been sold?
In July 2021, the Ford Ecosport sold just 1,600 units, which is more than 8 times lesser than the segment-leading Maruti Vitara Brezza (12,676 units). In July last year, the EcoSport had sold 2,400 units.
What’s the waiting period for a new car?
The waiting period of the car mainly depends on the City in which you are living. The demand for the car you are interested among the buyers is also a key factor. If a car is popular, it might end up in long waiting time period.