Monday, November 30, 2009
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Wednesday, November 25, 2009
Ford India is vying for larger market share
Ford Motor India intends to become a mainstream player in the hatchback segment. The manufacturer has announced that it will be launching a new car model every year for the next five years. It is also aiming to triple its car sales by the end of 2010. As we have revealed earlier first up will be its new Figo hatchback.
According to Micheal Boneham, President and Managing Director, Ford Motor India, if one wants to be in the game in India, then one has to be in that segment otherwise one will be an interesting niche player not a mainstream player.
The B segment car sales constitute around 70% of the total car sales in the country. Ford Moor India currently holds only 2% of the car market in terms of sales figures. The American auto major currently sells iis sedans Ikon, Fiesta, Fusion along with its SUV Endeavour in India.
According to Micheal Boneham, President and Managing Director, Ford Motor India, if one wants to be in the game in India, then one has to be in that segment otherwise one will be an interesting niche player not a mainstream player.
The B segment car sales constitute around 70% of the total car sales in the country. Ford Moor India currently holds only 2% of the car market in terms of sales figures. The American auto major currently sells iis sedans Ikon, Fiesta, Fusion along with its SUV Endeavour in India.
Mercedes F1 sign on Nico Rosberg
The reigning F1 world champions Mercedes (previously known as Brawn GP) have signed on the German ‘Britney’ a.k.a Nico Rosberg as one of their title contenders for 2010.
Williams Chief executive Nick Fry admitted that Nico’s Brawn switch had happened long ago and had been kept under wraps until the end of the season.
However the second Mercedes seat is still up for grabs. Rumors suggest that Nick Heidfeld is the most likely candidate for the seat making it an all-German party, but some other big names have been linked to the seat as well. Michael Schumacher might even make a comeback to F1 just to thank Norbert Haug and Mercedes for supporting him all through his pre F1 struggle. It could also be the incredibly talented Pole, Robert Kubica if Renault decides to quit of F1. But it could also be Kimi Raikkonen re-united with a ‘Silver Arrows’. Hope it somehow works out that way.
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