General Motors April Sales Decline 35% to 5,302 Units - The New Indian Express

General Motors April Sales Decline 35% to 5,302 Units

Published: 01st May 2014 02:07 PM

Last Updated: 01st May 2014 02:07 PM

General Motors India today reported 35.30 per cent decline in April sales at 5,302 units from 8,196 units sold in the corresponding month of previous year.

April 2014 sales include 1,828 units of Beat, 1,267 units of Tavera and 939 units of Chevrolet Enjoy, the company said in a statement.

"Customer sentiment continues to remain negative even with price reduction on account of excise duty cut and other market promotion schemes," General Motors India Vice President, P Balendran said.

Going by the market scenario, the company expects the challenging times to continue as the general economic conditions continue to remain depressed, he added.

"The buoyancy in the market is completely missing and we don't see any upturn before the new government assumes office," Balendran said.

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