Ford EcoSport
President and Chief Executive Officer of Ford Motors, Alan Roger Mulally, poses next to the newly-launched EcoSport.Reuters

Ford's best-selling SUV EcoSport's price has been slashed in India, following the excise reduction announced by Finance Minister P Chidambaram in his latest interim budget.

"Ford India has passed on the benefits of recent excise duty reduction to customers and has revised the prices of its products with immediate effect," the company said in a statement.

The EcoSport, a striking offering from the American major Ford, has been riding high in India since its launch. The vehicle will be now available in the domestic market with a price cut of ₹26,000. Other models of the company - Figo, Classic and Endeavour - will also be cheaper by ₹23,000, ₹24,056 and ₹1,07,000 respectively.

Speaking on the same, Ford India Executive Director (Marketing, Sales and Service) Vinay Piparsania told PTI: "Reduction of excise duty is a welcome step for the automotive industry and is timely with de-growth the industry is currently witnessing. We hope it will have a positive impact on consumer sentiment and stimulate pent up demand."

Launched in India back in June, the EcoSport comes with 1.5L petrol, 1.5L diesel and the 1.0L EcoBoost engine under the hood. The 1.5L petrol engine gives 112 PS power and 140 Nm torque. The revolutionary EcoBoost EcoSport engine churns out a power of 125 PS and 170 Nm torque, along with a mileage of 18.9 kmpl. The diesel variant of EcoSport is the most fuel efficient among all models, delivering a mileage of 22.7 kmpl.

Ford EcoSport Petrol price (All prices ex-showroom, Delhi)

Ford EcoSport Ambiente -₹5.94 lakh

Ford EcoSport Trend-₹6.89 lakh

Ford EcoSport Titanium-₹7.85 lakh

Ford EcoSport Titanium 1.0 EcoBoost M/T - ₹8.25 lakh

Ford EcoSport Titanium 1.0 EcoBoost (Option) M/T -₹8.78 lakh

Ford EcoSport Titanium 1.5 Ti-VCT A/T -₹8.79 lakh

Ford EcoSport Diesel price

Ford EcoSport Ambiente- ₹7.13 lakh

Ford EcoSport Trend-₹8.00 lakh

Ford EcoSport Titanium 1.5 TDCi M/T -₹8.96 lakh

Ford EcoSport Titanium 1.5 TDCi (Option) -₹ 9.49 lakh