Ford India said it will increase the prices of its vehicles across models by 3 per cent from April onwards. The price hike will range up to 3 per cent, an increase will vary depending on the model. The new price list will be published on April 1 citing increased input costs as the reason. With the cost of raw materials and auto components continuing to rise, car prices have been climbing as well. Ford is also reportedly planning to launch a high-end vehicle in India, as a CKD import in limited numbers. Rumours suggest that this could be the Mustang Mach E, which would rival the Jaguar I-Pace and upcoming Audi e-Tron in our market upon launch. Also, Ford has now called off its joint venture with Mahindra & Mahindra completely.
Currently, Ford India has five models on sale: the Figo, Aspire, Freestyle, Ecosport and the Endeavour. All the Models of the Figo are powered with the same 1.2-litre petrol engine and the 1.5-litre diesel unit. Both engines are mated to a standard five-speed manual gearbox. None of the three models receives an optional automatic transmission across any of its variant lineups. The upcoming EcoSport facelift, which is due for arrival this year, will continue to offer the same 1.5-litre petrol and 1.5-litre diesel engines as the current model. Ford is also developing an all-new sub-4-metre SUV, which is expected to arrive in 2022 or 2023. This new compact SUV will not only be sold in India but will be exported to other markets as well.
The 2020 Ford Endeavour features a 10-speed torque converter automatic transmission – the first in the country. Ford says the new transmission reduces the gaps in available power & acceleration between gears and offers a smoother acceleration response. Ford recently launched the EcoSport SE SUV variant in the Indian market and the vehicle carries a price tag of Rs 10.49 Lakh for the Petrol and 10.99 Lakh for the diesel variant. All the prices mentioned above are ex-showroom India.