General Motors’ August sales up 14 percentSeptember 1st, 2011 - 5:09 pm ICT by IANS
New Delhi, Sep 1 (IANS) The Indian subsidiary of American automobile major General Motors Thursday reported a growth of 14 percent in its August sales at 9,050 units as against 7,941 units in the like period of last year.
“The growth was primarily driven by the recently launched most fuel efficient vehicle Chevrolet Beat diesel,” said P. Balendran, vice president, GM India.
According to Balendran, the automobile market remains dampened as rising fuel prices and high interest rates was deterring customers from purchasing vehicles.
“Although we have registered 14 percent growth, the market continues to be sluggish due to the repeated hike in interest rates and fuel prices,” he said.
Segment-wise, the sales were led by Chevrolet Beat at 4,681 units, followed by 1,924 units of Chevrolet Tavera, 1,301 units of Chevrolet Spark, 667 units of Chevrolet Cruze, 203 Units of Chevrolet Aveo, 161 units of Chevrolet Optra and 113 units of Chevrolet Captiva.
- General Motors India sales up 17.35 percent in September - Oct 01, 2011
- General Motors' March sales up 13 percent - Apr 02, 2012
- General Motors' May sales up 1.3 percent - Jun 01, 2011
- General Motors November sales up 17.67 percent - Dec 01, 2010
- Ford, General Motors sales in neck and neck race - Oct 01, 2010
- GM 2010 sales grow by 59 percent - Jan 01, 2011
- General Motors to commission powertrain engine plant - Sep 03, 2010
- General Motors to launch six new car models by 2013 - Jan 28, 2011
- General Motors launches Beat's diesel version - Jul 25, 2011
- India's car makers begin 2011 with impressive sales growth - Feb 01, 2011
- GM India logs 101 percent rise in December sales - Jan 01, 2010
- November car sales zoom (Second Lead) - Dec 01, 2010
- Auto makers report good sales figures in November (Lead) - Dec 01, 2010
- Indian automobile firms close 2010 with stellar sales figures (Roundup) - Jan 01, 2011
- GM India to launch six new models in two years - Feb 12, 2011
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