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GM India car sales rise marginally to 8,440 units in Nov



02 December, 2011
General Motors India on Thursday reported a marginal increase in sales for November at 8,440 units as compared to the same month last year.

The company had sold 8,376 units in the same month last year, General Motors India said in a statement.

GM India Vice-President P Balendran said the company has been able to grow sales despite the sluggish market on the back of its hatchback Beat.

“Other car-lines like Cruze and Tavera have also generated the volumes on the expected lines. The market, however, continues to remain sluggish due to unprecedented hikes in interest rates, fuel prices, commodity prices, growing inflation and negative market sentiments. These factors are putting lot of pressure on the automobile market,” he added.


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