Ford India witness a drop in domestic sales in June

Ford India witness a drop in domestic sales in June

Ford India recorded a drop of 35 per cent in the domestic sales in the month of June when it sold 6,149 vehicles as compared to 9,469 units in the same month last year. The exports, however, grew by 42 per cent as the carmaker exported 14,679 vehicles compared to 10,285 units in June 2016.

A cumulative domestic wholesales and exports in June reached 20,828 vehicles; up from 19,754 vehicles in the corresponding month last year, thus recording a dismal year on year growth of 5 per cent.

Anurag Mehrotra, managing director, Ford India, commenting on the sales in June, said, “GST is a step in the right direction, and expected to strengthen economic growth. Leading up to this biggest tax reform, the month of June saw moderated whole sales as the industry looked to protect itself from the possible impact.”

Compared to the month of May, the domestic sales are down 593 units when the Blue Oval manage to sell 6,742 units. The compact crossover EcoSport is the volume seller for the carmaker averaging around 3600units every month.

Ford also expanded its ‘Ford Assured’ pre-owned car business to 200 showrooms across the country recently.

 [Source”indianexpress”]