Ford Motor to invest USD 500 mn in India

Tuesday, February 19, 2008, 15:31 [IST]

New Delhi, Feb 19: Ford Motor India today said it will invest about 500 million dollars for a range of activities including investment in small car segment.

''We will invest about 500 million dollars in small car segment, engine production and for business expansion,'' company Vice-President (Marketing and Sales) Scot McCormack said on the sidelines of a conference here. The company targets to produce 2.5 lakh units of engine, he added.

UNI

Topics: automobile, cars, ford, investment

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Car sales rise, 2-wheeler sales dip in April '07

Thursday, May 10, 2007,16:36 [IST]

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