Ford India total sales up 24 percent in July

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SME Times News Bureau | 02 Aug, 2014
Ford India, the Indian subsidiary of US auto major Ford Motor Company, closed last month with 24 percent increase in total sales, the company said Friday.

In a statement issued here, the company said it sold 15,282 units (domestic and exports) last month as compared to 12,338 units sold in the corresponding period in 2013.

July exports grew to 7,690 vehicles from 4,471 vehicles a year ago, while domestic wholesales stood at 7,592 units compared to 7,867 units sold in July last year.

"There are several indicators to suggest a gradual revival in customer sentiment in the past few months, including cues from the stock market and a steady improvement in manufacturing index," executive director, marketing, sales and service, Vinay Piparsania, was quoted as saying in the statement.

"As we approach the festive season, we expect a significant increase in footfalls at Ford showrooms across the country. We have improved supplies to expedite deliveries for all our models, including the bestselling EcoSport, to meet the expected rise in demand in the coming months," he added.