General Motors India has sold a total of 4,257 vehicles in March 2015 against 6,601 units sold in the corresponding month last year.
“The interest rates remain at high levels as the reductions in repo rates were very minor and the overall economic growth continues to be sluggish. We hope that interest rates are reduced in phases going forward so that the consumer sentiment picks up in the coming months leading up to the festive season,” said P. Balendran, Vice President, General Motors India.
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