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Corporate - Performance
GM India sales up 19 pc

Our Bureau

New Delhi, Jan. 1

General Motors India today reported 19.4 per cent sales growth in December 2006 at 2,583 units against 2,163 units in the same month a year ago. The company sold 1,517 units of Chevrolet Tavera, 759 units of Chevrolet Aveo and 307 units of Chevrolet Optra, the company said in a statement. In the calendar year 2006, riding high on the three new launches of Chevrolet models — the Aveo, SRV and Aveo U-VA — the company clocked a growth of 16.2 per cent at 35,823 units as against 30,837 units sales during 2005. The company is currently expanding the capacity of its manufacturing facility in Halol to 85,000 units and has also started construction of a greenfield manufacturing plant at Talegaon in Maharashtra.

The new facility, which is scheduled to open in the last quarter of 2008, will more than double its vehicle manufacturing capacity.

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