General Motors India December Sales Fall - Quick Facts

(RTTNews) - General Motors India Friday said it has sold 5705 vehicles in December 2013 against 7067 units sold in the corresponding period last year. These include 2073 units of Beat, 1282 units of Sail and 1,088 units of Chevrolet Enjoy.

According to the automaker, the past year has been extremely challenging for the automobile sector as the general economic and consumer sentiments had failed to pick up.

P. Balendran, Vice President, General Motors India, said, "Despite providing highest level of discounts during December, footfall in showrooms failed to pick-up. The outlook for the industry remains grim in the short-term as the dampeners like slow economic growth, high inflation and fuel costs continue to pose challenges and the overall economic scenario continues to be uncertain.''

Unless the government offers a stimulus package to the automobile industry, the market is unlikely to see any upturn before a new government assumes office after elections this year, Balendran added.