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On Wednesday Ford has revealed new hatchback for Indian customers, Figo. It is a brand-new nameplate which comes from Italian “cool”. In fact, Figo is a close sibling to the European Fiesta.
The hatchback has all-aluminum 1.2-liter gasoline engine which is a derivative of 1.4 Sigma engine for Fiesta. It outputs between 70 and 75 horsepower. The car will be offered with diesel motor too: 1.4-liter Duratorq with 68 hp.
The front of the hatchback is ordinary for this kind of Ford vehicles: it has slim upper grille and large inverted lower grille. Figo has smaller headlights than Fiesta, but they still have a stretched back look. In the rear it is equipped with high vertical taillights, a rear quarter glass, and a “smooth, chunky” bumper.
The interior trim is going to be absolutely new: it is combining class-leading aesthetics and functionality. The representatives of the company say that Figo interior is going to become the standard for all new small hatchbacks.
There are a lot of cheap vehicles on the Indian market and the American manufacturer has to fit in with the low prices. The sales will not start till March 2010 and the prices are kept in secret till then, but it is expected to cost around $7,500-$8,000.
The Indian car manufacturer, Tata Motors, worked really hard on the launch of Nano city car production. A lot of things have been done and now the project is going to collapse.
Since there have been a lot of talks and unpleasant issues after the major Toyota recall, National Highway Traffic Safety Administration has decided to set new auto safety rules which would not allow the same problem to happen again. At the congressional hearing two days ago, the new administrator, David Strickland, has announced them.
Daimler AG has announced that is sold 5.34% of the stake in Tata Motors. The German company has raised more than $400 million for the shares it did not want to hold any more.
BYD is the Chinese battery and EV specialist which has recently decided to form a joint venture with the German Daimler AG. Although the companies are going to work together on many projects, Chinese media has announced that BYD is not planning to share its core technology on lithium-ion batteries and EV systems with the partner.
In the last weeks almost every American has heard and discussed the problem of Toyota vehicles that have to be recalled because of “unintended acceleration”. The Japanese manufacturer is suffering losses in sales and reputation of a company that builds safest cars, but there are many questions to be answered about this whole deal.