Ford sees 50 pct jump in India sales

Newswire

BANGALORE, Aug 25 (Reuters) - The Indian unit of Ford Motor Co. said on Wednesday it expected domestic sales to jump about 50 percent this year as it launched a new model that blends a sedan with a sports utility vehicle (SUV) for a growing lifestyle market. David Friedman, managing director of Ford India Pvt Ltd, told a news conference the company expected to sell 27,000 Ikon sedans in India in 2004, up from 18,500 in the previous year. "We have seen that the market is quite healthy and ...

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