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Detailed text transcripts for TV channel - CNN - 20120106:09:38:00

no surprise that ceo alan mulally was optimistic about ford s future in india when he spoke to us. reporter: the top ten companies are here in india to show case their latest and best. what does that say about india. india may be the center of the universe. when you look at growth rates going forward, probably 70% of our incremental sales will be in the asia-pacific region because of the demographics, the number of people driving and the economic development. it s terribly exciting. even more important, i think is that the consumer tastes in india and asia-pacific, especially for really high-quality, fuel-efficient capable smaller vehicles are leading the world. reporter: sales have been decreasing in india because of the rising interest rates. do you think things will change in the next year? well, it has slowed down a

Detailed text transcripts for TV channel - CNN - 20120106:09:39:00

little. but there s still very substantial growth in both india and in china. as a matter of fact, i think most people believe that these growth rates are a lot more sustainable. that will be good for all of us. ford has had to raise its prices here in india several times due to the depreciating rupee and rising costs. how do you ensure that ford is competitive against the local automakers. a very important part of the ford strategy is that with every one of our products, every year, year after year, we not only improve the quality of the vehicle but we also improve the productivity. our operations here in india are some of the most productive in the world. india has a major pollution problem, especially in cities like delhi. why isn t ford pushing more for greener cars? this is a very important part of the ford plan, because our fuel efficiency in every vehicle size is the most fuel efficient in the world. some of the technologies we re introducing here in india are the eco bo

Detailed text transcripts for TV channel - CNN - 20120106:09:37:00

car. in india big is beautiful and the suv is king. at least that s what carmakers hope. new delhi s auto expos opened on thursday. the message was clear, size does matter. this is being offered, the safari storm. the nana didn t take off in india as the company hoped. nissan unveiling its own suv, the avila at the five-day show. they expect suv and van sales to triple by 2020. this is how ford is hoping to increase its own market share with the eco sport compact suv. charles? now, ford sold 96,000 vehicles in india last year, up from just 29,000 in 2009. if you think about that, that s tripling its sales. it s also opening dealerships at a rate of one every ten days.

Detailed text transcripts for TV channel - CNN - 20120106:09:28:00

heritage of the country has been preserved. making it one of southeast asian tourism s last frontiers. paula hancocks, cnn, myanmar. coming up on world business today, looking east. we hear from the man in the driver s seat at ford about where he thinks his company lies. stay with cnn, the world s news leader.

Detailed text transcripts for TV channel - CNN - 20120106:09:00:00

Detailed text transcripts for TV channel - CNN - 20120106:09:00:00
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