GM India August 2008 sales up by 4.4%

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General Motors India has registered a growth of 4.4 % in sales in August 2008 as compared to the corresponding period last year. It sold 6074 units in August 2008 as compared to 5817 units in August last year. The August 2008 sales comprise of 1514 units of Chevrolet Tavera, 913 units of Chevrolet Aveo, 410 units of Chevrolet Optra, 3020 units of Chevrolet Spark and 217 units of Chevrolet Captiva.

 

Commenting on the sales performance, Mr. P. Balendran, Vice President, GM India said, "The consistent surge in monthly sales is a clear indication of the success of all our carlines and demonstrates the fact that our flagship brand Chevrolet is growing from strength to strength. With the commencement of production at our new 1, 40,000 units per annum pant at Talegaon, Pune from tomorrow, we are now in a position to expand volumes and remain committed in bringing world class products to our valued customers. "

 

The company recently announced the setting up of a Powertrain facility in Talegaon with an initial investment of $200 million. This Powertrain plant will have an annual production capacity of 1, 60, 000 units, which can be further ramped up depending upon demand in future.  GM India's second manufacturing plant located at Taleagon; Pune is also set to commence production from tomorrow with an initial production capacity of 1, 40, 000 vehicles per annum that can be further enhanced depending on the domestic market demands.

 

Sourced From: Hanmer MS&L Communications Pvt. Ltd