General Motors India has sold a total of 3,612 vehicles in April 2015 against 5,302 units sold in the corresponding month last year.
“The overall customer sentiment has not picked up as expected and the rural markets are also facing challenging times. The fuel price hike last night is also expected to impact demand going forward,” said P. Balendran, Vice President, General Motors India.
“We expect the interest rates to be reduced in phases and some of the reform-oriented announcements made by the government to be implemented in a timely manner to aid economic recovery,” added Mr. Balendran.
Founded in 1911 in Detroit, Chevrolet is now one of the world's largest car brands, doing business in more than 115 countries and selling around 4.8 million cars and trucks a year. Chevrolet provides customers with fuel-efficient vehicles that feature engaging performance, design that makes the heart beat, passive and active safety features and easy-to-use technology, all at a value. The Chevrolet portfolio in India includes the Spark, Beat, Chevrolet SAIL, SAIL Hatchback, Cruze, Tavera, Chevrolet Enjoy and Captiva. More information on Chevrolet models can be found at www.chevrolet.co.in