Auto | Updated Sep 24, 2009 at 11:14am IST

Ford to produce small car in India

New Delhi: Ford Motor Co will launch production of its Figo small car in India in early 2010, it said in a statement on Wednesday.

The car was showcased at a news conference in New Delhi.

Ford has invested $500 million at a plant in Chennai and has said the plant was gearing up for production of a small car.

The country's domestic auto market is relatively small, especially considering a population of more than 110 crore, with about 15 lakh passenger vehicles being sold last year and small cars account of nearly two-thirds of annual unit sales.

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