Ford India today reported 9.45 per cent increase in sales for September at 10,270 units on the back of higher exports.
The company had sold 9,383 units in the same month last year, Ford India said in a statement.
The sales rose mainly on the back of new vehicle, all-new Ford Fiesta, and continued strong demand for the Ford Figo.
Ford’s domestic sales declined 6.9 per cent to 7,801 units against 8,380 units in the same month last year, it added. Its overseas shipments, however, moved up to 2,469 units in September this year against 1,003 units in same month last year.
“The festival season is coming and Ford India has a lot to celebrate,” said the Ford India President and Managing Director, Mr Michael Boneham, adding that the company was close to reaching the 1,00,000 sales milestone for this year.
During the January to September period this year, Ford sold 90,612 units against 67,253 units in the year-ago period, up 35 per cent.
He said the company is working to clear bottlenecks with suppliers to manufacture more diesel cars to reduce the waiting period.
The company had recently started work on its second plant in Gujarat, where it will invest Rs 4,000 crore.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.