General Motors India sales decline 43% in May1 min read . Updated: 02 Jun 2014, 04:40 PM IST
The company reported May sales at 4,865 units
New Delhi: General Motors India Pvt. Ltd on Monday reported 42.76% decline in May sales at 4,865 units.
It had sold 8,500 units in the same month of last year, General Motors India said in a statement.
General Motors India vice-president, P. Balendran said “The automobile industry has been passing through challenging times for the past two years as the general economic and consumer sentiments have failed to pick up.
“Going forward, we hope to see some improvement in the market in the coming months with a new decisive government in place."