• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Mumbai, Nov 23

Like GM, Ford has its back to the wall in the US but unlike its American ally, does not have a Daewoo for an easier drive.

Despite this, Ford is still upbeat about its India prospects. Suppliers associated with the company told Business Line that they were confident of the new car (codenamed the B256) which is a hatchback version of the Fiesta seen in Europe.

There have been unconfirmed reports that the dies and toolings will be transferred to the Chennai plant, which could mean a possibility of greater numbers being generated here and exported to neighbouring countries.

Chrysler, of course, is neither here nor there. After its disastrous merger with Daimler and now in the hands of Cerebrus Equity, it faces a bleak future as it does not have any backup plan in the form of emerging markets in Asia.

More Stories on : Outlook | Cars

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line