Ford to produce pick-up trucks in India

The President and Managing Director of the Automaker Ford India, Michael Boneham, has confirmed that the company is mulling over to foray into commercial Vehicle Segment. Ford is to bring up highly useful 5 Tonne pick up trucks from its Chennai facility, says Nigel E Wark, Executive Director, Marketing Sales and Service, Ford India. The Chennai facility is capable of producing 2000,000 passengers cars and 250,000 engines every year. Due to the excise import duty of 107%, it made no economic sense for Ford to import pick-ups from Thailand said Boneham. The light Indian Commercial Vehicle are on a high growth, as it is convenient for the Transportation and supply of goods on shorter and congested routes. A 1 Tonne Ace, grew 30% to 406,1009 units, headed by Tata Motors, in the 10 months ended January. General Motor India Pvt. Ltd , known as the Ford Rivals have presently stepped into a collaboration with Shanghai Automotive Industry Corp, to produce and Manufacture light commercial Vehicle in the passengers and the Goods Segment. The Production of the Vehicle for Indian and Exports market's will be facilities at Talegoan near Pune and Halol in Gujrat.