GM India sales up 40% in May

Last Updated: Saturday, June 1, 2013 - 14:37

New Delhi: General Motors India on Saturday reported 39.82 percent increase in sales at 8,500 units in May 2013.

The company had sold 6,079 units in the same month of 2012, General Motors India said in a statement.

The sales during May 2013 include 1,506 units of Beat, 2,851 units of Sail, 2,177 units of Enjoy and 1,475 units of Tavera, it added.

"We were able to register the 40 percent growth only because of the good response to our newly launched vehicles - Chevrolet SAIL and Chevrolet Enjoy," GM India Vice-President P Balendran said.

The company does not expect the market to pick up in the coming months as economic activities have "almost come to a standstill and the market remains completely depressed due to negative sentiments and other structural bottlenecks," he added.

Probably a good monsoon can bring in some cheers to the market, Balendran said.

PTI

First Published: Saturday, June 1, 2013 - 14:37

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