Re: New Ford Endeavour Launching in Jan 2016 in India
Sure I agree that a great pricing is under Fords radar, but 20 lakhs for a ladder frame SUV with even the base variants coming with advanced suspension and almost all goodies like power adjusting seats,ACC,a good 2.2l engine with 160 HP, think of it even the Octavia TDi has just 150 HP, leather seats, SYNC 2, 18" alloy wheels, its kind of un believable, the Endeavor has 2 frames a fully fledged frame that attaches it to chassis and a sub frame which can help it tow , more over its CKD not built in India like Ecosport and Figo /Aspire, so as per my thoughts there is no way Ford can price it like 20 lakhs starting price even for base 2.2 Trend model, this is a full blown SUV unlike any other in this price range, the drive train is made to go beyond limits, its 4x4 can easily rival Land Rovers and worlds best off roaders and yet if Ford can manage to price the 3.2 TDCi Titanium at like under 30 lakhs ex showroom again it will be like a Herculean task and a gamble for Ford, so I believe they will price it between 24-32 lakhs ex showroom
The Endeavor may be a premium SUV but Indians are bound by image, a Ford will never give an Indian the image an Audi Q3 or even A3 gives, so I dont think it will lure luxury buyers
Fortuner actually is now like the 2003 Endeavor now, while back in 2008 when Fortuner was launched the old Ford Endeavor felt like a big old 70s SUV, same way the Fortuner will feel like a an old 90s SUV in front of new Endy, but again its a Toyota and for an average Indian, Toyota=Reliable, Toyota=less maintenance cost, so Ford will have to fight with Toyota despite all of its advantages, then there is the superb new Innova to shave a huge portion of new big Fords and XUV 500s success,
So I dont think Ford will get 1500 sales a year, at best they will sell 1000 SUVs a year, even if priced like 20-30 lakhs, so why not price it between 24-32,33 lakhs and get the extra benefits.
ford will localize new Endeavor by localizing engine 1st thats the 2.2 will be made in India by 2017 code named Panther, then on localization will be around 40-50% and only by 2020 they can localize it fully, so there isnt much hope on localized production resulting in less cost, but the localization can ensure better reliability and lower spare costs
I have the same feeling. Here is my reasoning:
Ford would want to sell without upgrades until they relaunch it with new Engine series (locally made), it may take at least 3-4 years. Let us assume 1500 cars per month in India and above is their strategy, based on the past history, it is very optimistic, and only with a competitive price they can win hearts easily and sell a high figure each month.
They will also want a large satisfied customer base to attain the same sales figure even after the new Fortuner, CR-V Diesel launches. (I assume Honda is making CRV-D for India). Low margin, and high volume is something Ford can offer to beat greedily priced Toyota.
This MUST be possible for Ford with high localisation, and increasing localisation month after month to keep the price low without affected by the $ value fluctuation.
Right now, 20% localisation should help them to keep the price within 30L even for the top end - as per current pricing of other SUVs in this segment. I am sure they can start from 20L (and not 24 or 27), with mostly the electronics and sensors which are cheap in this era of sensors.
Mahindra already started doing serious ads for XUV Auto box - reviews are already very much positive, and I am sure we can start seeing the sales dent it makes in Fortuner soon. So this segment is going to feel the price war, if not now - within 2017 when we have more products. Santa Fe is already out due to high-price, knowing this Hyundai is started thinking about manufacturing Tuson, we speculate it, to be offered within this price segment.
Ford, in 2015 gave surprises. They withdraw the high priced Fiesta. They offered two fantastic products for the right price. As a team, I see Ford which already understood Indian customers. I hear service is improved. With all this positive moves, with this class product - I am sure Ford can kill the premium SUV markets. I see no reason for German SUV lovers who buy it for Luxury after seeing Endeavour, we see Endeavour as a luxury class product- so it should take away X1, X3, Q3, and even Freelander lovers.
I beleive Ford is going to surprise us all with a very low starting and ending prices. :-)
(Question: will 2L Ecoboost an additional choice for India/Delhi which Ford omitted this time?)
Ford would want to sell without upgrades until they relaunch it with new Engine series (locally made), it may take at least 3-4 years. Let us assume 1500 cars per month in India and above is their strategy, based on the past history, it is very optimistic, and only with a competitive price they can win hearts easily and sell a high figure each month.
They will also want a large satisfied customer base to attain the same sales figure even after the new Fortuner, CR-V Diesel launches. (I assume Honda is making CRV-D for India). Low margin, and high volume is something Ford can offer to beat greedily priced Toyota.
This MUST be possible for Ford with high localisation, and increasing localisation month after month to keep the price low without affected by the $ value fluctuation.
Right now, 20% localisation should help them to keep the price within 30L even for the top end - as per current pricing of other SUVs in this segment. I am sure they can start from 20L (and not 24 or 27), with mostly the electronics and sensors which are cheap in this era of sensors.
Mahindra already started doing serious ads for XUV Auto box - reviews are already very much positive, and I am sure we can start seeing the sales dent it makes in Fortuner soon. So this segment is going to feel the price war, if not now - within 2017 when we have more products. Santa Fe is already out due to high-price, knowing this Hyundai is started thinking about manufacturing Tuson, we speculate it, to be offered within this price segment.
Ford, in 2015 gave surprises. They withdraw the high priced Fiesta. They offered two fantastic products for the right price. As a team, I see Ford which already understood Indian customers. I hear service is improved. With all this positive moves, with this class product - I am sure Ford can kill the premium SUV markets. I see no reason for German SUV lovers who buy it for Luxury after seeing Endeavour, we see Endeavour as a luxury class product- so it should take away X1, X3, Q3, and even Freelander lovers.
I beleive Ford is going to surprise us all with a very low starting and ending prices. :-)
(Question: will 2L Ecoboost an additional choice for India/Delhi which Ford omitted this time?)
The Endeavor may be a premium SUV but Indians are bound by image, a Ford will never give an Indian the image an Audi Q3 or even A3 gives, so I dont think it will lure luxury buyers
Fortuner actually is now like the 2003 Endeavor now, while back in 2008 when Fortuner was launched the old Ford Endeavor felt like a big old 70s SUV, same way the Fortuner will feel like a an old 90s SUV in front of new Endy, but again its a Toyota and for an average Indian, Toyota=Reliable, Toyota=less maintenance cost, so Ford will have to fight with Toyota despite all of its advantages, then there is the superb new Innova to shave a huge portion of new big Fords and XUV 500s success,
So I dont think Ford will get 1500 sales a year, at best they will sell 1000 SUVs a year, even if priced like 20-30 lakhs, so why not price it between 24-32,33 lakhs and get the extra benefits.
ford will localize new Endeavor by localizing engine 1st thats the 2.2 will be made in India by 2017 code named Panther, then on localization will be around 40-50% and only by 2020 they can localize it fully, so there isnt much hope on localized production resulting in less cost, but the localization can ensure better reliability and lower spare costs