GM India June sales up 43 per cent | business | Hindustan Times
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GM India June sales up 43 per cent

General Motors India reports a 43 per cent increase in sales during June on the back of its newly-launched Chevrolet Spark.

business Updated: Jul 02, 2007 17:27 IST

General Motors India on Monday reported a 43 per cent increase in sales during June on the back of its newly-launched Chevrolet Spark.

The company sold 4,779 units in June this year as against 3,346 units in the corresponding month of the previous year, GM India said in a statement.

The sales comprise 1,504 units of hatchback Chevrolet Spark, 1,550 units of multi-utility vehicle Tavera, 1,227 units of Aveo/Aveo U-VA and 498 units of sedan Optra, it said.

"With ever increasing demand of the popular Chevrolet brand, GM India has been registering a consistent surge in the monthly sales," GM India Vice President P Balendran said.

The company has launched a diesel variant of its premium sedan Chevrolet Optra in June.

The company plans to grab 10 per cent market share by 2010 and for this purpose has raised the production capacity of its Halol facility to 85,000. The company is also setting up a new manufacturing facility in Talegaon in Maharashtra, which is expected to start production by next year.

The Talegaon plant would have a capacity of 140,000 vehicles which would take the total production capacity of the company to 2,25,000 units per annum by next year.