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General Motors India today reported 14.22 per cent rise in sales at 7,715 units in October 2013 against 6,754 units sold in the same month of 2012.
According to a company statement, the sales include 2,679 units of Beat, 1,837 units of Sail, and 1,965 units of Enjoy.
Commenting on the sales performance, GM India Vice-President P. Balendran said: “The marginal sales rebound seen last month is on account of the festival season combined with the emerging demand for new entries.”
Discounts are at its peak and sales of diesel vehicles are tapering off as the price differential between the two fuels is dropping sharply, he added.
“Going by the market scenario, we expect the challenging times to continue as the general economic conditions have not improved. The buoyancy in the market is completely missing and we don’t see any sustained market upturn before a new government assumes office after general elections,” Balendran said.
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