Ford India’s combined domestic wholesales and exports in December 2017 recorded 29,795 vehicles compared to 23,470 vehicles in the same month last year, registering a growth of 27%. The company saw a drop in sales on the domestic sales front. The company sold 5,087 vehicles in domestic wholesales compared to 5,566 vehicles the corresponding month last year. Exports in December 2017 stood at 24,708 vehicles against 17, 904 vehicles a year ago.
Ending the year with sustained growth, the combined domestic wholesales and exports in CY 2017 stood at 262,784 vehicles compared to 238,098 units in CY 2016 – recording its highest production & wholesale volume ever.
“2017 saw the Indian automotive industry overcome challenges precipitated by the implementation of GST, increased inflation, after-effects of demonetization, rising crude prices and volatile regulatory environment to register growth,” said Anurag Mehrotra, president & managing director, Ford India.
With two of its world-class plants, Ford continues to deliver on the Make in India promise with the commencement of KA+ exports to mature markets like Europe and New Ford EcoSport to North America.
Harman Kardon has launched its Fit Speaker Series in India, a new collection of premium in-car speakers designed to enhance driving experiences with high-fidelity sound and cutting-edge technology.
Dolby Laboratories, a global leader in immersive entertainment experiences, and Mahindra & Mahindra announced the debut of Dolby Atmos in the Mahindra Thar Roxx AX7L variant.
Park+ Research Labs, India's only digital-first, data-driven survey platform, announced key findings from its latest city-focused survey.