Ford to produce India small car from early 2010

Newswire

NEW DELHI, Sept 23 (Reuters) - Ford Motor Co will launch production of its Figo small car in India in early 2010, it said in a statement on Wednesday. The car was showcased at a news conference in the Indian capital. Ford has invested $500 million at a plant in southern Indian city of Chennai and has said the plant was gearing up for production of a small car. India's domestic auto market is relatively small, especially considering a population of more than 1.1 billion, with about 1.5 ...

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