Ford cars have become costlier from today. The company has announced a price hike across its product line-up, ranging from Rs. 3,000 to Rs. 80,000. The price hike is applicable on all five models- the Ford Figo, Aspire, Freestyle, Ecosport, and Endeavour and prices for only few variants have not changed. Though Ford hasn't given any particular reason for the increase in price, it's likely to be a cyclical revision due to increase in input cost and the cost of transportation.
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The Ford Ecosport has witnessed a price hike of up to Rs. 20,000.
Prices of all Ford Figo variants have gone up by Rs. 18,000. Prices for the Ford Figo now start at Rs. 5.82 lakh for the base variant and go all the way up to Rs. 8.37 lakh for the range-topping trim. The Ford Aspire has received a price hike of Rs. 3000 across variants while the Freestyle has received a price hike of Rs. 18,000. Then, the Ford Ecosport has witnessed a priced hike of Rs. 20,000, save for the mid-spec Titanium diesel trim. And finally coming to the Ford Endeavour, the flagship model has received a price hike of up to Rs. 80,000 depending on the variants.
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The Ford Endeavour has received a price hike of up to Rs. 80,000.
Ford is not the only automaker that has announced price hike, several two wheeler manufacturers have also increased prices and Toyota too has increased prices across its range. The carmaker said that the increase in input costs for raw materials necessitated the price hike. The rising input costs have been a steady concern for automakers as other brands have also announced price hikes next month onwards.
