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Ford India sales up 42 pc in October

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Press Trust of India New Delhi
Last Updated : Nov 01 2018 | 3:45 PM IST

Ford India Thursday reported 42 per cent increase in total sales at 21,346 units in October as compared to 15,033 units in the same month last year.

Domestic sales jumped over two-fold at 9,044 units in October as against 4,218 units in the year-ago month, Ford India said in a statement.

Exports during the month under review, grew by 13.74 per cent to 12,302 units as compared to 10,815 units in the corresponding month last year, it said.

Commenting on the sales performance, Ford India President and Managing Director Anurag Mehrotra said: "The industry continues to face headwinds of low consumer sentiment, high fuel price and interest rate in the near term.

He further said the company has been focussing on its four strategic pillars of strong brand, right product, competitive cost and effective scale and it "has enabled us to grow faster than the industry.

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First Published: Nov 01 2018 | 3:45 PM IST

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