re: Ford to wrap up India operations I see lots of folk who could be affected by this, especially customers who put down hard earned money to buy competent products.
Yes, most fords (except newest Figo/Aspire) drive like Fords, that sweet spot in ride/handling is something anyone would pay a premium for!
But realistically, let us also take a minute to see the (very many) great moves & mis-steps made by ford over the years:
1. Launched Escort with Diesel - Orion, that Endura 1.8 was a lump that is best forgotten except for mileage & refinement. Was a nightmare to get parts for this car, and when they were available - prices were stratospheric!
2. Launched Ikon with 1.3 Clxi, then moved to RoCam, then the Nxts had the iron head 1.6 - not great efficiency, but great to drive.
The 1.8 endura diesel was best forgotten.
This car was good to buy (well-priced, great handling, decent fuel economy for the performance, (scary braking)) but maintenance/spares were stratospheric, along with BAD dealers. Also, they kept pushing the ikon for too long, even with the fiesta diesel in it, sold mostly as taxi!
3. The Mondeo & Fusion were great flashes in the pan, overpriced, but competent products. The fusion in the next avatar was a great seller!
4. The Fiesta introduction with 1.4, 1.6 L petrols & 1.4 Diesel was the first truly competent all rounder from Ford. Great cars in the Indian context, frugal, handled like fords, with well priced spares (child part strategy) & very few niggling issues. Truly successful with the masses (1.4 diesel) & enthusiast (Fiesta S?).
5. FIGO - great car, almost the benchmark in the segment (almost as good as swift?). All the learnings from previous models were put into one great product (well priced, frugal, drove like a ford), backed by great service (price & responsiveness). Some mis-steps (red interiors, blue interiors, no tilt steering) were fixed quickly. An agile company with hunger for success.
6. New Figo/Aspire & Ecosport.
The New Figo/Aspire drove like Maruti's when launched. The 1.5L diesel 8v has been long in the tooth since launch. The European versions on this engine have consistently made more power. These cars are built for profitability, we already have market share, they dont deserve better for what they pay - This was the start of the decline. In a market of diminishing returns, you cant be me-too product & hope for class leading results! Ecosport - REVOLUTIONARY product - perfect fit for market needs, any flaws were overlooked for the great benefits of an SUV - at launch and till 2+ years when the Brezza arrived! It was the iPhone of the sub 4m SUV segment, great & profitable.
But this also debuted Fords' "more variants than your local chat walla" strategy!
Onions are expensive? Use less or delete, same logic was seen here with constant feature changes!
Anybody who bought the Ecosport early will remember the ~1.8L price cut announced on the day of the launch of the Vitara Brezza. You've lost consumer confidence as a brand when you do this! With mediocre products you cant hope to have spectacular returns once the competition catches up (& beats you!).
With a management who is used to great profits (from ecosport), they didn't invest in newer (lesser profit) products! You can get lucky in inventing a segment & then ruling the price till competition reacts, but you cant hope to do it all the time! (Renault-Nissan - Duster (success), Lodgy (failure), Triber (success), Go (failure), Even Toyota's Etios never broke down even if it was CHEAP!).
You have to be at it, some work, some dont! INVEST in the portfolio of options, some will work. You need to be close to your core charecteristics! Endeavour - basically, old gen was sold for too long with a facelift. New one is having a new variant (even engine/transmission) everytime you go to the showroom, or a new price - not a way to build consumer confidence! Your agility in making changes can be seen as being unsure of consumer demand!
With electrification changing the world in mature markets, profitable (not world beating) businesses like selling previous gen ICE vehicles in India would be a cash cow, if you figure out the right mix of attributes. What has worked is cars that drive like fords!
Last edited by shreevishnu : 16th July 2021 at 19:22.
Reason: Typos
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