GM India November sales flat at 8440 vehicles
Chevrolet celebrated its centennial as a global automotive brand earlier this year in November.
General Motors India has sold 8,440 units in the month of November 2011 against 8376 units sold during the corresponding period last year. The November 2011 sales were driven by the encouraging response received by Chevrolet Beat Diesel, India’s most fuel efficient car. Chevrolet Beat has been one of the top performers for GM India this month registering record sales of 4605 units.
Commenting on the performance, Mr. P. Balendran, Vice President, General Motors India, said “We have been able to sustain the growth primarily due to the encouraging response to Chevrolet Beat. Other carlines like Cruze and Tavera have also generated the volumes on the expected lines. The market, however, continues to remain sluggish due to unprecedented hikes in interest rates, fuel prices, commodity prices, growing inflation and negative market sentiments. These factors are putting lot of pressure on the automobile market.”
Chevrolet celebrated its centennial as a global automotive brand earlier this year in November. It is now one of the fastest growing automotive nameplates in India and provides consumers with fuel-efficient, safe and reliable vehicles that deliver high quality, expressive design, spirited performance and value. With a wide array of products and services, Chevrolet has brought unmatched product quality and unparalleled performance to the customers. Continuing its journey, Chevrolet plans to launch several new products and services for the global audience, relevant to the respective markets and customer preferences
Mahindra & Mahindra posts 52.7% rise in sales in November
Auto-maker Mahindra & Mahindra today reported a 52.71 per cent rise in vehicle sales to 40,722 units in November, 2011.
The company had sold 26,666 units in the same month of 2010.
In the domestic market, the company registered a 51.63 per cent rise in sales to 38,159 units during the month, compared to 25,166 units in the year-ago period, Mahindra & Mahindra (M&M) said in a statement.
Total sales of passenger vehicles, including Scorpio, XUV500, Xylo, Bolero and Verito, stood at 17,813 units during the month under review, as against 12,323 units in November, 2010, translating into a 44.55 per cent increase.
"We are delighted with our outstanding growth in November, wherein in spite of the market slowdown post the festive season, we have been able to maintain a consistent performance. All our brands are doing well, with the excitement around XUV500 continuing as we ramp up production," M&M Chief Executive (Automotive Division) Rajesh Jejurikar said.
The company said sales of its three-wheelers went up by 31.80 per cent to 5,889 units during November, 2011, from 4,468 units during the same month last year.
Sales of the company's Gio and Maxximo mini-trucks and other four-wheeler commercial vehicles increased by 73.56 per cent last month to 13,362 units from 7,699 units in the year-ago period, the statement said.
Light commercial vehicle sales from Mahindra Navistar Automotives Ltd stood at 1,095 units during the month, as against 676 units in the same month a year ago, a rise of 61.98 per cent.
M&M's exports jumped by 70.87 per cent to 2,563 units during the month from 1,500 units during November, 2010.
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what a poor performance by the mighty toyota even with a fuel efficient diesel heart.![[thumbswink]](https://www.theautomotiveindia.com/forums/images/smilies/Thumbs%20&%20Wink.gif "Thumbs & Wink [thumbswink]")
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