GM India Nov sales jump 17.6% at 8,376 units

Image
Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 6:57 AM IST

Car maker General Motors (GM) India today said its sales climbed 17.67 per cent to 8,376 units in November this year compared to 7,118 units in the same month last year.

"Introduction of best-in-segment cars from the 300 series, increase in customer outreach through distribution network and our unique value proposition like Chevrolet Cashless Ownership offer are the factors that have led to impressive sales," GM India Vice President P Balendran said in a statement.

For the 11-month period ended November this year, the company has crossed one lakh units mark registering an increase of over 63 per cent, as against the same period last year.

The company sold 2,786 units of the hatchback Spark, 617 units of the sedan Cruze and 2,547 units of the latest compact car Beat in the reporting month, it added.

It also sold 291 units of premium hatchback Aveo U-Va, 297 units of the entry-level sedan Aveo, 262 units of the mid-sized sedan Optra, 1,476 units of the multi-utility vehicle Tavera and 100 units of the SUV Captiva.

The company had earlier ramped up production by adding the second shifts at Halol and Talegaon plants to meet the increased demand of its products.

GM India is also rapidly expanding sales and service network to support the increasing market demand of its cars, the statement added.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 01 2010 | 2:01 PM IST

Next Story