Ford India sales up 16 pc in August

Car-maker Ford India today posted a 16.1 per cent increase in total sales at 10,352 units in August this year. The company had sold 8,916 units in the same month last year, Ford India said in a statement.

Ford's domestic sales went up by 6.2 per cent to 7,840 units in the month from 7,382 units in August 2011, it added.

Exports during the month stood at 2,512 units as compared to 1,534 units in August last year, up 63 per cent.

Commenting on the sales performance, Ford India President and Managing Director, Michael Boneham said: "It's wonderful to see consumer sentiment improving as we approach the festive season, and we are confident we are ready to meet the growing demand for cars during this period".

While market conditions have been challenging in recent months because of rising petrol prices, high inflation and rising interest rates, Ford remains focused on delivering its 'One Ford' plan to produce fuel-efficient, safe, and fun to drive vehicles which customers want and need, he added.

ALSO READ

Air India to slash free baggage allowance, charge more

Kingfisher Airlines assets worth Rs 1,000 crore sold: SBI

McAfee to buy firewall Stonesoft Oyj for $389 mn

Kansai Nerolac standalone Q4 net profit at Rs 122.7 cr