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Ford India May sales down 13% at 7,046 units

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Press Trust of India New Delhi

Ford India today reported 12.79% decline in domestic sales in May at 7,046 units.

It had posted sales of 8,080 units in the same month last year.

The company sold a total of 51,420 units, including exports, in the January-May 2011 period, a growth of 71% compared to the same period a year ago, Ford India said in a statement.

The firm began exporting the Figo to Bahrain and Kenya this month.

Ford recently announced an investment of $72 million to expand its powertrain facility in Chennai and to support its sales and export growth plans in the country, bringing Ford's total investment in India to more than $1 billion.

 

"From growing our product portfolio and expanding our presence, Ford's commitment to India has only deepened with time," Ford India President and Managing Director Michael Boneham said.

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First Published: Jun 01 2011 | 8:57 PM IST

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