The car will be a plug-in hybrid version of the Tiguan, the German automaker's top-selling sport-utility vehicle (SUV), the two sources told Reuters.
Ford has priced its new sport utility vehicle (SUV) Ecosport at a very aggressive Rs 5.59 lakhs. At this price, not only has Ford created a new entry level SUV category but it will also compete with the likes of the Maruti Dzire and the Hyundai i20.
The overall sentiments in the auto industry remain bad, but growth in rural markets has been strong, Mayank Pareek, managing executive officer, marketing & sales, said on Monday.