Hyderabad|India|March'2009: General Motors India registered sales of 4921units in February, 2009 compared to 5563 units sold in the corresponding period last year. The sales for February 2009 comprise of 945 units of Chevrolet Tavera, 746 units of Chevrolet Aveo, 89 units of Chevrolet Optra, 2940 units of Chevrolet Spark and 201 units of Chevrolet Captiva.

Commenting on the sales performance, Mr. P. Balendran, Vice President, GM India said “despite adverse market conditions, the Chevrolet Spark and Chevrolet Captiva registered a healthy increase over their 2008 numbers. The rise in the sales of Chevrolet Spark and Captiva, clearly demonstrates our focus on providing best in class service and catering to changing needs of our valued customers.” The overall sales decline is triggered by the sluggish market conditions combined with tighter lending norms of banks and finance companies. We expect the sales to go up with the liquidity position improving and interest rates marginally coming down in the coming months.

General Motors India is a wholly owned subsidiary of General Motors Corporation. GM India manufactures the Chevrolet Optra Magnum, Chevrolet Aveo, Chevrolet SRV, Chevrolet Aveo U-VA, Chevrolet Spark, Chevrolet Tavera and Chevrolet Captiva at its state-of-the-art-facility in Halol, Gujarat.

Reachout's News Bureau
 March' 2009