Ford to launch 3 new SUVs in India, likely to invest another $1 Billion - Report - Pahwa Ford
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Ford is probably going to take a position another $1 billion in Indian operations over the ensuing 5 to seven years. A sizeable portion of this investment would go in 3 new SUVs. The report says that 2 new indigenously developed Ford SUVs area unit within the pipeline. One may be a sub-4 meter B-SUV codenamed BX744 and due in 2021, and one may be a premium B-SUV codenamed BX745 and planned for launch in 2022. The BX744 is AN India-specific model. altogether odds, it'll replace the Ford EcoSport . The BX745 is a Hyundai Creta rival aimed toward not solely India however additionally alternative rising markets like Brazil and China. No, but $500 million are invested within the development of those SUVs in India. to boot, $400-500 million can doubtless be invested within Project Black - Ford's partnership with Mahindra, below that a co-developed Ford C-SUV has already been confirmed. Ford EcoSport Delhi, Ford EcoSport Delhi, Ford EcoSport Delhi, Ford EcoSport Delhi, Ford...