Why did Ford Figo fail in India?

The company cited “years of accumulated losses, persistent industry overcapacity and lack of expected growth in India’s car market,” to Business Standard, as the major reasons behind their move to wind down manufacturing of vehicles for export in India.

Is Ford in loss in India?

Ford has incurred a loss of around $2 billion after an investment of nearly $2.5 billion in the Indian market. The company claims the further projections were also seeming bleak without the new restructuring plan.

Is Ford Figo discontinued?

Ford India had discontinued the Figo and Aspire’s automatic variants in January 2020. But now, the carmaker is once again ready to re-launch the petrol-powered Figo automatic by the end of July. … This makes it the only model in its segment to come with an out-and-out automatic transmission.

Is Ford Figo a good car?

This is a very good car and also has comfort and its low cost makes this car even better. Its ac cooling car in few time and good condition. Figo,s front and back is awesome. Best car in its segment i am using it since 8 years best than every car in the market from the segment ..

Which is better Ford Figo or Swift?

Swift provides the mileage of 23.2 kmpl and Figo provides the mileage of 18.5 kmpl.

Swift vs Figo Comparison Overview.

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Key Highlights Swift Figo
Price ₹ 5.85 Lakh ₹ 5.82 Lakh
Engine Capacity 1197 cc 1194 cc
Power 89 bhp 95 bhp
Transmission Manual Manual

Is it worth buying Ford Figo?

Safest car on the block! The Ford Figo is the safest hatchback in its segment. In fact, it is easily among the safest cars on sale today in the sub-10 lakh bracket, with six airbags as well as electronic stability control and traction control on offer.

Is Ford Figo expensive to maintain?

Ford Figo Maintenance Cost

The estimated maintenance cost of Ford Figo for 5 years is Rs 20,279. The first service after 10000 km is free of cost.

What is the maintenance cost of Ford Figo?

Ford Figo 2015-2019 Service Cost & Maintenance Schedule

Service No. Kilometers / Months Total Cost
1st Service 10000/1 Rs.2,463
2nd Service 20000/24 Rs.4,367
3rd Service 30000/36 Rs.3,308
4th Service 40000/48 Rs.5,728