Latest Car News in India

Wednesday, November 02, 2011

By Pranjal Gera

Ford India’s October Sales Flourished By 12 per cent

Ford India officially declared its October sales growth as it posted an increase of 12 per cent with 10,906 unit sales. Last year in October 2010, Ford India sold 9,737 units, a minor difference of few units as compared to 2011.

The major contribution in total sales for the month of October 2011 was due to exports, as stated by Ford India in a statement issued.

The domestic sales of Ford India Private Limited confronted a slip of 10.36 per cent to 8,091 units as against to 9,026 units in the corresponding month last year, further mentioned in the statement.

Sidelining the decline in domestic sales, the export of Ford vehicles made the carmaker earn some excellent hike of nearly four-fold with sales of 2,815 units in October 2011 from last year’s count of just 711 units in same month of October.

The President and Managing Director of Ford India Private Limited, Mr. Michael Boneham remarked in his views about October month sales and said that exports are a strong part of our growth strategy. And it's wonderful to see the Chennai-made Figo winning hearts of customers in overseas markets as well.

Last month, Ford India remarkably crossed100,000 unit sales for the 10 month period from January to October 2011. The total sale was of 101,439 units, a commendable growth of 31.19 per cent by Ford India from last year’s sales count of 77,324 units.

Mr. Boneham further added in his statement and said that Ford India is so much proud of the excellent sales mark. We are overwhelmed that more than 1,00,000 customers in India have chosen to drive a high quality, fuel-efficient Ford vehicle. More customers in the first 10 months of this year have chosen Ford than the entire 12 months of 2010.

Ford India is focusing on commencing its operations in its second manufacturing unit based in Gujarat, where the company has made an overall investment of Rs. 4,000 crore.

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