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    General Motors registers a marginal growth of 1.3% this May

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    General Motors registers a marginal growth of 1.3% this May

    General Motors India sold 8329 units in May 2011, compared to 8225 units in May 2010, registering a marginal growth of 1.3%. 

    The May 2011 sales comprised 3023 units of Chevrolet Spark, 2144 units of the Beat, 1767 units of Tavera, 659 units of the Cruze, 240 units of Optra, 218 units of Aveo, 143 units of Captiva and 135 units of Aveo U-VA.

    Commenting on the performance, Mr. P. Balendran, Vice President, GM India said, “Although we have recorded a marginal growth, the numbers are not on the desired lines as the footfalls in the show-rooms have started coming down. Given the hike in interest rates, fuel prices, commodity prices, inflation etc., we expect the market to remain depressed in the coming months as well.   Nevertheless, we remain committed to living up to the Chevrolet promise and fully leveraging our resources in India to offer customers across the country best-in-class products and services that meet their unique needs.”

     

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