Ford has stormed into India's small car market with an all new model, called a Figo.  There is already some steep competition going on in India, but Ford has placed the Figo at a price point that industry analysts feel will be competitive.  It may not mean a lot to you now, especially if you don't live in India, but if successful think of what will happen to Ford stock!

70% of all vehicles purchased in India are small cars and Ford had yet to enter that segment.  The Ford Figo hopes to gain some of that market share, primarily owned by GM and Volkswagen.  Hard to believe that Ford can create a car this inexpensive, but the Figo will start stealing business at a measly $7,500 USD.  It begs the question, if they can do it in India, why can't they do it in the US?

Ford Figo Pics

Small cars are just getting smaller and I'm beginning to wonder how much longer this trend will continue until Insurance and safety reasons start taking paramount.  For now, Hyundai feels that the market will keep getting stronger and have thus revealed a picture of their upcoming Hyundai i20.  For those in the US it's like the old hatchback Metro's or aptly named 'Coffins on Wheels'.

Hyundai i20

Yes it gets good gas mileage, yes it's cute if you are a 15 year old girl, and yes it may be more reliable than it's antique predecessors, but who would really buy one?  Is this a vehicle that will potentially make it's way into the US in any type of serious demand?  Currently it's going to be offered in Australia and of course European markets, with diesel options.  So, I won't even bother mentioning how many litres per kilometer it gets...cause frankly I don't care.