Ford has announced the increment in the price of its Ikon variant. With the fluctuating rupee, the import bills for the Ford have gone up. The prices of only the Ikon have been increased.
Ford India Executive Director (Marketing, Sales and Service) Nigel Wark said, “There will be an increase in the prices of Ikon by up to 1.5 per cent from the price we announced last November while launching a new version of the car. Due to this exchange rate fluctuation our import bills for components have increased and hence we thought it was a logical step to tinker the price upwards a bit to offset the impact.†The Ford Ikon with its petrol heart is available for almost Rs 4.6 lakh and for the diesel it costs around rs 5.19 lakh.
