March 02, 2013

Ford India sells over 7,200 cars in February, exports up 16 per cent

Ford India sold 7,253 vehicles in February in combined domestic sales and exports amid persistently difficult domestic market conditions. At the same time, due to an improving external environment and strong demand for the award-winning Ford Figo, Ford India regained
its growth momentum in overseas markets. Exports rose 16 per cent in February to 2,763 units, up from 2,389 units a year earlier. The domestic wholesales numbers stood at 4,490 in February as compared to 8,035 in February 2012.

"In the domestic market, we continue to witness some tough and challenging conditions. While we are generating consumer interest in our great products, policy uncertainty and resulting lowered consumer confidence is impacting our business," said Vinay Piparsania, Executive Director, Marketing, Sales and Service, Ford India.

"We are happy that our exports are continuing to grow strongly in line with our strategy of aggressively expanding in overseas markets to position India as a regional export hub for small cars," he added.


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