General Motors India has sold 5,172 vehicles in the month of June 2014 against 6,575 units sold in the corresponding period last year. These include 1,776 units of Beat, 1,249 units of Tavera and 987 units of Chevrolet Enjoy.
“Customer sentiment continues to remain negative even with price reduction on account of the continuation of the excise duty cuts till end of this year. Going by the market scenario, we expect the challenging times to continue as the general economic conditions have not improved. The buoyancy in the market is still missing and we don’t see any sustained market upturn till the new government presents a growth oriented budget to boost the overall economy,” said P. Balendran, Vice President, General Motors India.
“Unless structural bottlenecks ease and economic fundamentals improve, the market is unlikely to turnaround in the short term,” Mr. Balendran added.
Founded in 1911 in Detroit, Chevrolet is now one of the world's largest car brands, doing business in more than 140 countries and selling more than 4.5 million Chevrolet cars and trucks alone in a year. The Chevrolet brand was introduced in India in 2003 and is now one of the fastest-growing automotive nameplates in the country. Chevrolet provides customers with fuel-efficient vehicles that feature spirited performance, expressive design and high quality. The Chevrolet portfolio in India includes the Spark, Beat, Chevrolet SAIL, SAIL U-VA, Cruze, Tavera, Chevrolet Enjoy and Captiva. More information regarding Chevrolet models can be found at www.chevrolet.co.in