American automobile manufacturer, Ford has released its March, 2015 sales report. The manufacturer announced that they have sold 15,775 vehicles.
Sales have been up for the American based manufacturer in India recently. During March, 2014 Ford reported selling 11,805 vehicles. There is a definite bump up in sales during March, 2015.
Ford India was down in terms of domestic wholesales as they sold 5,253 units compared to 6,356 units in the corresponding month last year.
Export of their vehicles is on a constant high and it seems evident that Ford will turn India into its manufacturing hub soon. Their export of vehicles grew from 5,449 vehicle in March, 2014 to 10,522 vehicles in March, 2015.
Anurag Mehrotra, Executive Director Marketing, Sales and Service at Ford India, commented, "With the economic recovery being slower than anticipated and a high interest rate & inflation environment, customers continue to defer their discretionary spends."
He further added, "India is a key market for Ford and with our Sanand plant being operational, Ford is stronger than ever to provide cars and utilities that customers want and value. We plan to introduce three new models in the next 12-18 months with leading quality, fuel efficiency, safety, smart design and value."
Ford India recently inaugurated its new facility in Sanand, Gujarat. They will manufacture their new compact sedan the Figo Aspire from this facility. The American manufacturer also plans to bring its iconic muscle car to India the Mustang.