Jan 01, 2013 02:39 PM IST | Source: PTI

Ford registers 42.2% growth

US car maker Ford has registered a 42.2 per cent growth on its total sales in December 2012 to 10,899 units from 7,663 units sold in the same month of 2011.

Ford registers 42.2% growth

US car maker Ford has registered a 42.2 per cent growth on its total sales in December 2012 to 10,899 units from 7,663 units sold in the same month of 2011. In the domestic market, the company sold 6,517 units in December 2012 as against 5,978 units sold during the same period of previous year, a company statement said.

However, the sales of its cars in the overseas market surged by 160 per cent at 4,382 in December 2012 from 1,685 units in the same month of previous year. Year-to-date exports stood at 30,435 units, up by 35 per cent over the previous year.

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"Despite a tough business environment, we have seen record exports and sustained customer interest help us maintain a strong growth momentum", said Joginder Singh, who last month succeeded Michael Boneham as the Ford India, President and Managing Director.

Ford India currently has 250 sales and service outlet in the country and plans to double it by middle of this decade, the statement added.

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