Ford India sold 96,270 cars locally in 2011, up 15% year on year and well ahead of the single-digit industry growth forecast. Exports totalled over 22,000 cars with the Figo now sold in 32 countries.
“It’s incredibly gratifying to see that our domestic sales have grown at such a steady pace, particularly given the challenging market environment. Overall, 2011 was a strong and positive year where we crossed many milestones,” said president and managing director Michael Boneham.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Exports, at 22,521, were almost triple the 2010 volume. From January to December, combined 2011 sales, including domestic wholesale and exports, were up 29%.
Figo exports to Burkina Faso and Ivory Coast began in December.
