Ford India sales up 8% in October

The company had sold 20,420 units in the same month of last year, says Ford India

Ford India on Wednesday reported 7.94%t growth in total sales at 22,043 units in October this year, riding on its overseas shipments.

The company had sold 20,420 units in the same month of last year, Ford India said in a statement.

Domestic sales, however, declined by 24.98% to 7,508 units last month as against 10,008 units in the same period a year ago, it said.

Exports during the month surged by 39.59% to 14,535 units as compared with 10,412 units in October 2015, it added.

"The automotive industry is seeing the impact of a good monsoon, 7th pay commission and other macro-economic indicators like inflation," said Anurag Mehrotra, executive director, Marketing, Sales & Service, Ford India.

"As we look for the industry momentum to sustain, Ford remains committed to its strategy of product led innovation, a differentiated customer experience, and breaking the myth on our cost of ownership," he said.