August 2016 \ News \ BUSINESS AND GOVERNANCE
Mustang in India

American automobile major Ford Motor Company (FMC) would launch its famous Mustang model in India at Rs 65 lakh, said the company’s Indian subsidiary Ford India. “For the first time in its 52-year history, Ford’s iconic Mustang is ready for Indian roads,” Ford India said in a statement. It said the company is giving an opportunity to Indian customers to own a Ford Mustang at Rs 65 lakh (ex-showroom Delhi).

In the first phase, the model will go on sale in Delhi and Mumbai. Ford will bring Mustang for customers in India as a completely built unit (CBU) from the US. The new Mustang will be equipped with a 5.0 lite V8 petrol engine, churning out a massive 401 PS of peak power, to appeal to the enthusiasts. “In our commitment to building a drive for everyone, there’s never been a better time at Ford to introduce this iconic car and offer the youngest ever product line-up to customers in India,” Anurag Mehrotra, executive director, Marketing, Sales and Service, Ford India was quoted as saying in the statement.

According to the company since the Mustang first went on sale in 1964, Ford has sold more than nine million vehicles.

 




Tags: FMC

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