General Motors India has sold 5705 vehicles in the month of December 2013 against 7067 units sold in December 2012, registering 19% reduction in sales. These include 2073 units of Beat, 1282 units of Sail and 1,088 units of Chevrolet Enjoy.
Commenting on the December sales, Mr. P. Balendran, Vice President, General Motors India said, “The past year has been extremely challenging for the automobile sector as the general economic and consumer sentiments had failed to pick up. Despite providing highest level of discounts during December, footfall in showrooms failed to pick-up. The outlook for the industry remains grim in the short-term as the dampeners like slow economic growth, high inflation and fuel costs continue to pose challenges and the overall economic scenario continues to be uncertain. Unless the government offers a stimulus package to the struggling automobile industry, the market is unlikely to see any upturn before a new government assumes office after elections this year,” he added.
Source – ACG, Company
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