Ford India logs sales growth in January

February 1st, 2012 - 6:42 pm ICT by IANS  

Chennai, Feb 1 (IANS) Ford India, the Indian subsidiary of the American auto major Ford Motor Company, closed last month selling 10,789 units, up from 10,026 units sold in January 2011.

Despite an increasingly challenging market, Ford India sold 10,789 wholesale and export units in January, demonstrating sustained growth.

“Domestic wholesale figures were 9,137 units for January while export figures also remained high, with 1,652 vehicles exported during the month,” the company said in a statement issued Wednesday.

According to Michael Boneham, president and managing director, monthly sales and export figures in January are an indicator of Ford India’s sustainable, long-term growth in India and continued reinforcement of the company’s aggressive expansion plans in the subcontinent.

“We’ve begun 2012 with solid January sales and export deliveries despite challenges in the market, and are further committed to bringing more of the high-quality, fuel-efficient, technology-laden, affordable vehicles to India from Ford’s vast global product portfolio,” said Boneham.

Related Stories

Tags: , , , , , , , , , , , , , , , , , , ,

Posted in Business |

Subscribe