Ford's new year price hike


Ford India will hike the prices of all its models across the board from January 1, 2010. The upward price revision is due to a steady rise in input costs and exchange rate fluctuations. Ford India is a wholly owned subsidiary of Ford Motor Company.

The upward price revisions are in the range of Rs 6,000 to Rs 40,000 across model variants.

Earlier this year, both Ikon and Endeavour ranked highest in the 2009 J.D. Power Vehicle Dependability in the entry mid-size and SUV segments respectively.