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Ford to make low cost compact car in India

Quick ReadFord to make four-door compact car in India as US automaker targets fast-growing Asia

NEW DELHI (AP) — Ford Motor Co. unveiled a made-in-India compact car and flagged expanded production in China as it seeks to boost sales in Asia, a region the U.S. automaker has hardly dented but is counting on to drive growth.

The four-door "Figo", which is Italian slang for 'cool', will go on sale in India during the first quarter of next year, Ford executives told a press conference Wednesday....

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