associate sponsors

Llyod
HDFC

Ford India to hike prices by up to 4% from January to offset impact of input cost rise

New Delhi: Automaker Ford India on Monday said it will increase prices of its models by up to 4 percent from January to partially offset the impact of rising input costs.

"The price increase is necessary due to several external factors, such as frequent fluctuations in commodity prices and rising input and freight costs," Ford India Executive Director-Marketing, Sales and Service, Vinay Raina said in a statement.

Ford EcoSport. Image courtesy-Overdrive

Ford EcoSport. Image courtesy-Overdrive

The company has tried to minimise the impact on its customers by absorbing a large part of these incremental costs and capping the price hike to 4 percent, Raina added.

The company said the price hike would apply to all Ford products, including the recently launched new Ford EcoSport.

"From an introductory price of Rs 7,31,200, Ford EcoSport is expected to see revision of up to Rs 30,000 across variants," it added.

Ford currently sells a range of models, from hatchback Figo with price starting at Rs 4.8 lakh to iconic sports car Mustang priced at Rs 71.62 lakh (all prices ex-showroom Delhi).


Updated Date: Dec 11, 2017 18:55 PM

Also Watch

Firstpost Poetry Project: Aashna Iyer presents '7 Minutes'
  • Friday, June 15, 2018 FIFA World Cup 2018: A journey through the football Mecca of Kerala
  • Saturday, June 16, 2018 Social Media Star: Masaba Gupta, Pooja Dhingra discuss WhatsApp groups, unfollowing people and stalking profiles
  • Thursday, June 21, 2018 I Breathe: Natasha Noel's spoken word poetry on Yoga
  • Monday, June 4, 2018 It's A Wrap: Bhavesh Joshi Superhero makers Anurag Kashyap, Vikramaditya Motwane in conversation with Parul Sharma


{if $hideJSforEU != 'yes'} {/if}