GM India registers 40pc sales growth in May’13

Date: 01 Jun 2013

General Motors India has sold 8,500 vehicles in the month of May 2013, registering a growth of 40pc against 6079 units sold in the corresponding period last year. These included 2,851 units of Chevrolet Sail, 2,177 units of Chevrolet Enjoy, 1,506 units of Chevrolet Beat and 1,475 units of Chevrolet Tavera. Commenting on the performance, P. Balendran, Vice President, General Motors India, said, "We were able to register the 40pc growth only because of the good response to our newly launched vehicles - Chevrolet SAIL and Chevrolet Enjoy. The economic activities have almost come to a standstill and the market remains completely depressed due to negative sentiments and other structural bottlenecks. There is no show-room traffic and the enquiry levels have bottomed out despite introducing innovative marketing schemes. With no indication of a visible growth signal in the offing, we do not expect the market to pick up even in the coming months. Probably

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