General Motors India August sales down 17%

General Motors India August sales down 17%

New Delhi:General Motors India Pvt. Ltd on Saturday said sales in August declined 17% to 7,510 units. The car maker had sold 9,050 units in the year-ago period, it said in a statement.

It also sold 2,217 units of multi-purpose vehicle Tavera during the month. The company did not share the sales numbers of its two models Optra and Captiva.

Commenting on the sales drop, General Motors India vice-president P. Balendran said: “The sales are not on the expected lines as the market continues to remain sluggish due to high interest rates, increase in fuel prices, negative market sentiment and various other factors".

However, the company expects the market to show some improvement closer to the festive season, he added.

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