Ford India to Hike Ikon Prices by 1.5%
Posted on March 30th 2009If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
Ford India decides to hike the prices of its popular sedan – Ikon by up to 1.5 percent from April. The company officials told that this price increase is forced by the hike in their import fees caused to a rupee decline.
There will be an increase in the prices of Ikon by up to 1.5 per cent from the price we announced last November while launching a new version of the car. Due to this exchange rate fluctuation our import bills for components have increased and hence we thought it was a logical step to tinker the price upwards a bit to offset the impact.
- Mr. Nigel Wark (Executive Director (Marketing, Sales & Service), Ford India) said.
Ford India had released the new edition of Ikon including a diesel engine from Ford Fiesta. The diesel model is priced at 5.19 lacs while the petrol version available at 4.59 lacs.
By editor in Auto India News, Auto Pricing, Ford
arun responded on 31 Mar 2009 at 12:41 am #
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New Ford Auto Car | Auto Crunch responded on 31 Mar 2009 at 12:42 am #
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