General Motors India December sales fell 35.95% year on year to 4,041 units last month.
Go deeper with GlobalData
The small Spark was the most popular model with 2,832 sales, well ahead of the Aveo (867) and multi-purpose Tavera (509).
For the latest calendar year, GMI posted 9.44% growth to 65,702 units versus 60,032 units in 2007.
“Since the market has slowed down completely, we could not meet our target although we have registered a marginal growth this year,” GM India vice president P Balendran said.
The company expected the market to improve in the coming months because of the various measures taken by the government to stimulate the economy, he told the Press Trust of India.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
