Ford India Limited Related news
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Ford Motor Co’s plan to double its electrified vehicle spending is part of an investment tsunami in batteries and electric cars by global automakers that now totals $90 billion and is still growing, a Reuters analysis shows. That money is pouring in to a tiny sector that amounts to less than 1 percent of the 90 million vehicles sold each year and where Elon Musk’s Tesla Inc, with sales of only three models totaling just over 100,000 vehicles in 2017, was a dominant player.
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After German automaker Volkswagen’s Dieselgate scandal, it is now the US auto giant Ford Motor that was accused of emissions cheating in a bid to promote its diesel engine trucks. A class action lawsuit was filed on Wednesday in Detroit in the state of Michigan, claiming Ford and German auto supplier Bosch of knowingly installing emissions-cheating software devices in 2011-2017 Ford 250 and 350 Super Duty diesel pickup trucks.
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Automaker Ford India on Monday said it will increase prices of its models by up to 4 per cent from January to partially offset the impact of rising input costs.
"The price increase is necessary due to several external factors, such as frequent fluctuations in commodity prices and rising input and freight costs," Ford India Executive Director - Marketing, Sales and Service, Vinay Raina said in a statement.
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Export-oriented auto manufacturers like Ford India, Nissan and Volkswagen are suffering as the current goods and services tax (GST) system of making payments upfront and claiming input tax credit is not working properly. According to industry estimates the stuck amount is around Rs 1,000 crore as these manufacturers have not been able to file claims since July. Industry executives explained that for export-oriented auto firms, there are two mechanisms to expunge tax content in exports.
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Ford India Friday reported a 28.63 per cent increase in total sales at 27,019 units in November this year.
The company had sold 21,004 units in the same month last year, Ford India said in a statement.
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Robots have replaced many U.S. manufacturing workers, but new mechanical exoskeletons being tested by Ford Motor Co may help factory workers to function like bionic people, reducing the physical damage of millions of repetitive tasks over many years. The U.S. automaker said on Thursday that workers at two U.S. factories are testing upper-body exoskeletons developed by Richmond, California-based Ekso Bionics Holdings Inc, which are designed to reduce injuries and increase productivity.
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Ford India is all prepped to launch the upgraded version of its much celebrated compact SUV, the EcoSport, in India on 9 November. 2017 Ford Ecosport facelift will be manufactured at the company's plant in Chennai and the new 1.5L three-cylinder petrol engine that will debut in India in the new Ecosport will be manufactured at Ford's factory in Sanand. First unveiled at the 2017 LA Motor Show, the EcoSport was the first to introduce the compact SUV culture in India. It proved to be a success story for the American brand in the country with some variants having nine months of waiting period.
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Ford Motor India on Thursday said it has tied up with e-commerce major Amazon to sell an upcoming updated version of its compact SUV EcoSport.
Under the partnership, the first 123 customers would be able to book the compact SUV online for 24 hours starting November 5.
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Reports on the 2017 Ford EcoSport have been doing rounds for quite some time now and its launch is now around the corner. Ford had revealed the much awaited compact SUV earlier in the European market and is expected to be launched in India after the festive season. Recently, the upcoming EcoSport's top version - Titanium S diesel was been spied by Team-BHP.com without camouflage, revealing its new bright blue colour. This could mean that the company will introduce the new Titanium S variants for the 2017 model that will get additional features over the current Titanium Plus version. The new compact SUV, as seen in the images, gets a major upgrade at the front that includes a more prominent and larger front grille than the outgoing model.
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New Delhi: Mahindra and Mahindra Ltd is in early talks with its partner Ford Motor Co. to procure a vehicle platform on which the Mumbai-based company aims to build an all new electric sedan, two people with direct knowledge of the matter said.
In lieu of this platform, Mahindra will share its affordable electric vehicle technologies with Ford, which the American company plans to use in its entry-level cars such as Figo and Aspire, these people said on condition of anonymity.
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