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GM India Records High Sales Yet Again
Posts a growth of 98 % over last year

- Chevrolet Optra and Tavera Zip ahead with roaring success-
 

New Delhi, December 2, 2004: General Motors India has recorded high sales in November as well riding high on the success of Chevrolet Optra and Chevrolet Tavera. The company has shown consistent performance month after month this year. This impressive performance has resulted in a whopping 98% increase in sales during November 2004 as compared to 1260 units during the same month last year. The company has also recorded 76 per cent growth in the first eleven months of 2004 compared to the same period last year. The unprecedented turn around in Optra and Tavera sales is attributed to an overwhelming response and word of mouth the company has received from valued customers across the country.

During the month of November 2004, the company has sold 2495 cars as against 1260 cars in the same month last year registering a growth of 97.94 %. These include 605 units of Chevrolet Optra, 1460 units of Chevrolet Tavera and 421 units of Opel Corsa.

Between January and November 2004, the company sold a total of 23,763 cars as against 13,505 cars in the same period last year to record a 75.96 per cent growth in YTD sales. These include 8671 Chevy Optras in Entry ‘D’ Luxury sedan segment, 7960 Opel Corsas and 6950 units of the recently launched new generation premium multi-utility vehicle (MUV) Chevrolet Tavera branded as the comfortable Family Car.

Commenting on the impressive performance, Mr. P. Balendran, Vice President (Corporate Affairs) said, “our performance has reinforced the faith our valued customers have in Chevrolet’s brand promise. This is a clear manifestation of people’s confidence in our products and their attributes
in terms of styling, engineering, driveability and performance. The record sales also testifies the growing popularity of the Chevrolet brand in India. We will continue to make world class vehicles to give the Indian consumer the best vehicles in a wider range, he said.

GM India is a wholly owned subsidiary of General Motors Corporation. Besides, the Chevrolet Tavera and Optra, GM India manufactures the Opel Corsa, Corsa Sail and Swing at its facility in Halol, Gujarat. GM India also sells the imported Vectra in addition to the Chevrolet Forester.

 
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