Reuters Summit-Ford to looks to small cars for Indian growth

Newswire

(For other news from the Reuters India Investment Summit, click on http://www.reuters.com/summit/IndiaInvestment09?pid=500) By C.J.Kuncheria & Janaki Krishnan NEW DELHI, Nov 24 (Reuters) - U.S. auto maker Ford Motor will launch a new car model in India every 12-15 months over the next five years, with its new Figo small car to drive a tripling of sales in 2010, its India head said Tuesday. The small car segment makes up nearly 70 percent of the 1.5 million cars sold annually in ...

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