News : Ford to phase out Fusion.

sanjubaba · 13th November 2008, 09:05

Just read today in DNA Pune.

Ford India will phase out the Fusion sedan in India.
“We will eventually phase it out due to poor sales,” Michael Boneham, president and MD, said on Wednesday.He, however, did not specify the timeframe. “The model is selling, but the response is not as expected... But we do not have a fixed schedule by when that would happen,” he said.
Bonheman reiterated there is no change in the company’s plans to invest $500 million for expansion in India, despite the slowdown. “We are committed to our investment plans which have been announced for India and there is no slowdown in this regard, “ he said.

DNA - Money - Ford to phase out Fusion - Daily News & Analysis

-Sanju

AirWind · 13th November 2008, 10:08

There is a parallel thread on this topic, redirect: http://www.team-bhp.com/forum/indian...ut-fusion.html

@ Mods: Pls close this thread!

13th November 2008, 09:05	#1
sanjubaba BHPian Join Date: Dec 2007 Location: Pune Posts: 125 Thanked: 57 Times	News : Ford to phase out Fusion. Just read today in DNA Pune. Ford India will phase out the Fusion sedan in India. “We will eventually phase it out due to poor sales,” Michael Boneham, president and MD, said on Wednesday.He, however, did not specify the timeframe. “The model is selling, but the response is not as expected... But we do not have a fixed schedule by when that would happen,” he said. Bonheman reiterated there is no change in the company’s plans to invest $500 million for expansion in India, despite the slowdown. “We are committed to our investment plans which have been announced for India and there is no slowdown in this regard, “ he said. DNA - Money - Ford to phase out Fusion - Daily News & Analysis -Sanju
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13th November 2008, 10:08	#2
AirWind BHPian Join Date: Jul 2005 Location: Bangalore Posts: 998 Thanked: 404 Times View My Garage	There is a parallel thread on this topic, redirect: http://www.team-bhp.com/forum/indian...ut-fusion.html @ Mods: Pls close this thread!
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