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Tuesday, March 2, 2010

GM India's Feb sales highest-ever in a month

Carmaker General Motors India saw its February sales climb over two-fold to 11,111, the highest monthly sales since its inception in the country.

The company had sold 4,921 units in the same month last year, General Motors India said in a statement.

"This is the first time that the company has crossed 10,000 units sales in a month since the inception of the company in India in 1996," the subsidiary of the US-based firm said in a statement today.

GM India attributed its robust growth to good demand for its two small cars -- Beat and Spark.

The company sold 3,412 units of the hatchback Spark, 726 units of the sedan Cruze and 4,431 units of the latest compact car Beat in the reporting month, it added.

It also sold 411 units of premium hatchback Aveo U-Va, 420 units of the entry-level sedan Aveo, 98 units of the mid- sized sedan Optra, 1,592 units of the multi-utility vehicle Tavera and 21 units of the SUV Captiva.

"We are pleased to see such robust growth for all our car lines and we believe these world class products will further propel the Chevrolet brand in the market," GM India Vice President P Balendran said.

The company is now in the process of ramping up its production by adding a third shift at its Halol plant and av second shift at Talegaon plant to meet the increased demand, the statement said.

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