Ford's highly anticipated Figo Aspire compact sedan made its India debut with a price tag starting at Rs 4.89 lakh (ex-showroom).

The Ford Figo Aspire petrol is priced at Rs 4.89 lakh, while the diesel Aspire and Aspire petrol AT comes for Rs 5.89 lakh and Rs 7.79 lakh, respectively.

Here are the highlights from the launch event:

13.22 PM: Ford Figo Aspire launch event concludes in Delhi.

13.18 PM: The new Figo Aspire starts at Rs 4.89 lakh

Ford Figo Aspire price list

Ford Figo Aspire Petrol

Figo Aspire 1.2-litre Ambiente – Rs 4.89 lakh

Figo Aspire 1.2-litre Trend – Rs 5.76 lakh

Figo Aspire 1.2-litre Titanium – Rs 6.69 lakh

Figo Aspire 1.2-litre Titanium+ - Rs 7.24 lakh

Figo Aspire 1.5-litre (AT) Titanium – Rs 7.79 lakh

Ford Figo Aspire Diesel

Figo Aspire 1.5-litre Ambiente – Rs 5.89 lakh

Figo Aspire 1.5-litre Trend – Rs 6.76 lakh

Figo Aspire 1.5-litre Titanium – Rs 7.69 lakh

13.10 PM: Figo Aspire introduces Ford MyKey feature

13.09 PM: Figo Aspire gets six airbags.

13.06 PM: Ford Figo Aspire comes with good storage capacity, fuel efficiency and also comes packed with latest technologies.

13.01 PM: Figo Aspire launch will be followed by Figo hatch and new Ford Endeavour in India in the next six months of time.

12:57 PM: Ford India president Nigel Harris is on the stage to talk about new Figo Aspire.

12.56 PM: Ford Figo Aspire sedan takes the centre stage.

12.55 PM: Ford Figo Aspire launch event begins in Delhi.

12.38 PM: Ford's new sedan to go live in a few minutes.

Ford Figo Aspire launch event will kickstart at 12.30 pm on 12 August.

Ford India is all set to pull the wraps off its highly anticipated sedan Figo Aspire in India on 12 August (Wednesday).

Ford Figo Aspire
Ford Figo AspireFord India

Figo Aspire, the latest entrant in the lucrative sedan segment, will be pitted against Maruti Dzire, Hyundai Xcent, Tata Zest and Honda Amaze and the car will be manufactured at the company's facility in Sanand, Gujarat.

Figo Aspire Engine

Ford Figo Aspire
Ford Figo AspireFord India

Figo Aspire will be available in three engine options: 1.2-liter Ti-VCT petrol, 1.5-litre TDCI and 1.5-litre Ti-VCT motor. The transmission will be taken care of by either a five-speed manual transmission or a six-speed dual-clutch automatic transmission.

The base model of Figo Aspire will be powered by 1.2-liter Ti-VCT engine, which can churn out 88 PS @ 6300 rpm and 112 Nm @ 4000 rpm of peak torque and come mated to a five-speed manual transmission, whereas the 1.5-liter TDCi that has the capacity to produce 100PS of power and 215Nm of torque will come with 5-speed manual gearbox. The third engine in the line-up, the 1.5-liter Ti-VCT, is tuned to produce 112 PS @ 6300 rpm and 136 Nm @ 4250 rpm of torque with 6-Speed dual clutch automatic gearbox.

Figo Aspire Features

The model Ford's first compact sedan offering will come equipped with steering mounted audio controls automatic climate control, height adjustable seats, ABS and airbags.

Figo Aspire Price, Bookings and Availability

The new sedan is expected to be priced in the range of Rs 5.2 lakh and Rs 7 lakh. The bookings for Figo Aspire are underway in the country.

Ford Figo Aspire will be available in Ambiente, Trend, Titanium and Titanium+ trims and will come in six exterior colour choices: Ruby Red, Sparkling Gold, Oxford White, Tuxedo Black, Deep Impact Blue, Ingot Silver and Smoke Grey.