The U.S. automaker announces the production of a new four-door car, named “Figo”, which will go on sale next year for an estimated $6,000 to $8,000.
From Erika Kinetz, Associated Press:
NEW DELHI — Ford Motor Co. unveiled a made-in-India compact car and flagged expanded production in China as it seeks to boost sales in Asia, a region the U.S. automaker has hardly dented but is counting on to drive growth.
The four-door "Figo", which is Italian slang for 'cool', will go on sale in India during the first quarter of next year, Ford executives told a press conference Wednesday. There are also plans to export the low-cost car to other Asian countries.
