Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Companies / Ford India sales rise 17.14% at 24,832 units in March
BackBack

Ford India sales rise 17.14% at 24,832 units in March

Ford India reports a 17.14% increase in total sales at 24,832 units in March as against 21,198 vehicles in the corresponding month last year

Ford India’s domestic sales grew by 15% to 8,700 units last month as against 7,560 units in the same period a year ago. Photo: MintPremium
Ford India’s domestic sales grew by 15% to 8,700 units last month as against 7,560 units in the same period a year ago. Photo: Mint

New Delhi: Ford India on Saturday reported a 17.14% increase in total sales at 24,832 units in March this year. The company had sold 21,198 vehicles in the corresponding month last year, Ford India said in a statement.

Domestic sales grew by 15% to 8,700 units last month as against 7,560 units in the same period a year ago, it added.

Exports during the month under review increased by 18.29% to 16,132 units as compared to 13,638 units in March 2016.

Also Read: Nissan India domestic sales rise 21% at 5,309 units in March

In the first quarter of 2017, total sales were at 63,117 vehicles compared to 51,338 units in the first quarter last year, up 22.94%, the company said.

Commenting on the sales performance, Ford India executive director, marketing, sales and service Anurag Mehrotra said: “Our efforts in addressing the cost of ownership perception and the promise of a differentiated and transparent experience helped us deliver above industry growth rate in the first quarter."

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 01 Apr 2017, 02:27 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App