Ford has invested $500-mn at a manufacturing plant in Chennai.
New Delhi: Ford Motor Co will launch production of its Figo small car in India in early 2010, it said in a statement on Wednesday.
The car was showcased at a news conference in New Delhi.
Ford has invested $500 million at a plant in Chennai and has said the plant was gearing up for production of a small car.
The country's domestic auto market is relatively small, especially considering a population of more than 110 crore, with about 15 lakh passenger vehicles being sold last year and small cars account of nearly two-thirds of annual unit sales.
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