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Ford Car Prices: EcoSport, Figo & Endeavour Prices To Increase — Here Are The Complete Details
Ford Car Prices To Increase From January 2018
Ford car prices are set to increase from January 2018 due to higher input costs, according to Ford India. Prices of Ford cars in India will increase by 4 percent across the product lineup.
All Ford cars except Mustang will witness a price hike. Models such as Ford Figo, Aspire, EcoSport and the Endeavour prices will be increased from 2018. The minimum price increase is expected to be Rs 20,000 for the Figo hatchback and goes up to Rs 1.2 lakh for the Endeavour SUV.
The newly launched Ford EcoSport facelift price is expected to go up by Rs 30,000, while the price of the compact sedan Aspire will increase by Rs 25,000. The announcement of price hike by Ford India comes in the backdrop of other car manufacturers announcing a price increase of their cars from January 2018.
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Ford India Executive Director - Marketing, Sales and Service, Vinay Raina, said, "The price increase is necessary due to several external factors, such as frequent fluctuations in commodity prices and rising input and freight costs. From an introductory price of Rs 7,31,200, Ford EcoSport is expected to see a revision of up to Rs 30,000 across variants."
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Demand for cars will increase in January 2018 as buyers will look to purchase car with the 2018 manufacturing date rather than 2017 model. Buying a car in 2017 has its advantages as well, you can read more about it here.