Business Standard

Chevrolet pushes GM India CY06 sales up 16%

Image

Press Trust of India New Delhi
Riding high on the three new launches of Chevrolet models, the Aveo, SRV and Aveo U-VA, General Motors India (GMI) clocked a 16.2% growth in sales at 35,823 units in 2006 as against sales of 30,837 units in 2005.

"2006 has been a very memorable year, which marked the greatest product offensive in the company's history as the Chevrolet Indian Revolution picked up momentum," P Balendran, vice president of GMI, said. The company today reported 19.4% sales growth in December 2006 at 2,583 units as against 2,163 units in the same month in 2005.

According to a statement issued by GMI, the company sold 1,517 units of Chevrolet Tavera, 759 units of Chevrolet Aveo and 307 units of Chevrolet Optra in December.

The company, a subsidiary of world's largest automaker General Motors of the US, is currently expanding the capacity of its manufacturing facility in Halol to 85,000 units, and has also started construction of a greenfield manufacturing plant at Talegaon in Maharashtra, which is scheduled to open in the last quarter of 2008.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 01 2007 | 6:27 PM IST

Explore News