Ford India has announced that it will increase prices of its cars by January 2019. The increase is due to inflation of input price owing to high commodity prices and frequent fluctuations in foreign exchange rates.
The price increase will be up by 2.5 per cent across the model range which includes the Figo, Freestyle, Aspire, EcoSport, Endeavour and the iconic Mustang. Ford joins Tata, Maruti Suzuki, BMW, Renault and the others who have also announced a price hike from January 2019.