Tuesday, 1 November 2011

General Motors India Sales Increases marginally for October 2011




General Motors India Sales has increased marginally for the month of October 2011 at 10,062 against the Sales of 10,051for the month of October 2010.

During last month, the company sold 1,797 units of small car Spark, 5,328 units of hatchback Beat, 182 units of entry level sedan Aveo, 236 units of mid-sized sedan Optra,732 units of luxury sedan Cruze, 1687 Tavera and 100 units of Captiva.

Commenting on the market, Mr. P. Balendran said: "The market 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."

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