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General Motors India has sold 7,106 vehicles in February, down from 8,901 units sold in the corresponding month last year.
“Although we have generated the volumes for Chevrolet Sails as expected, the overall numbers inclusive of other models were not on the expected lines as the market continues to remain subdued,” said General Motors India Vice President P. Balendran.
“Now with excise duty also going up for certain categories of vehicles, the market is not expected to improve in the coming months also as the macro economic uncertainties still continue. The hike in excise duty for Sports Utility Vehicles (SUVs) which is impacting other models as well has further dampened the growth prospects,” he added.
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