The US based auto giant Ford Motors said on Tuesday that it is planning to enhance the foot prints of its latest compact hatchback Figo to the export markets like Mexico and other nations in North Africa, Middle East and the Caribbean. The move of introducing the Ford Figo in the overseas markets is in line with company’s future plans of making India a global small car hub, as these Figo cars will be produced in India.
Speaking to the reporters in the National Capital Ford India President and Managing Director Michael Boneham said, "India will be the small car hub for Ford. India will be the sole producer of Figo in the world and there is no plan to assemble the car anywhere else." While answering a query regarding company’s strategy on its upcoming cars in India, Mr. Boneham said, "It will depend on the demand for those models from other markets and the economies of scale but there is always an option."
In next two weeks, the company will dispatch 1,500 units of the Figo to Mexico. The exports to North Africa, Middle East and the Caribbean, regions will be commenced soon. The company currently exports the Figo model to the markets like South Africa and Nepal.
