With a share of 9.2 percent of the overall car exports from India, the U.S. became the third-biggest market for passenger vehicles (cars, utility vehicles, and vans) manufactured in India during the financial year that ended March 31, 2018. During this period, passenger car exports to the U.S. increased to...
Ford becomes India's largest Car Exporter
Ford, Nissan, and Volkswagen ship more of their India-manufactured cars to overseas markets than what they sell within India. Michigan-based Ford has two manufacturing units in the country: at Chennai in the southern state of Tamil Nadu and at Sanand in India's western state of Gujarat. It has overtaken Korea's...
India's Zoomcar to Launch Bicycle Sharing Service
Ford-backed car rental service Zoomcar based in Bangalore, India, is set to start a bicycle sharing business. Founder, American expatriate Greg Moran, said that the company will have its own fleet of cycles and will start the service in Bangalore, Chennai and Kolkata. “We have observed a huge market gap for...
Ford India Sales Up 15 Percent in March
Michigan-based auto major Ford India reported a 15% increase in domestic sales at 7,560 units for March. "We continued to delight Indian families with products that promise safety and compelling value for money," said Anurag Mehrotra, executive director, marketing, sales & service at Ford India. In the first quarter of...
Ford India Makes the Ecosport SUV for U.S. Market
The updated 2017 Ford EcoSport, meant for the American market, will be made at Ford’s plant in India, in the southern city of Chennai. Changes envisaged are a revised tail gate, bumper and tail lamps. The front grille is chunkier with chrome slats, while head lamps and the front bumper...
Ford to Announce Major R&D Center in Chennai
The Ford Motor Company has decided to invest $620 million in an R&D center in Chennai according to the Economic Times of India "There's a tremendous engineering talent here, and we want to tap into that and grow our product development capability here methodically over a period of time," CEO...