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Ford India December sales up by 39pct YoY
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Thursday, 05 Jan 2012
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Ford India has reported a 39% jump in December 2011 sales to 5,979 units against 4,301 units sold in the corresponding month of 2010.

During 2011, the company sold 96,270 units in the domestic market, up 15 per cent compared to the previous year, it said in a statement without disclosing its 2010 sales.

Mr Michael Boneham president and MD of Ford India said that “It’s incredibly gratifying to see that our domestic sales have grown at such a steady pace, particularly given the challenging market environment. Overall, 2011 was a strong and positive year where we crossed many milestones.”

He said India also became an increasingly important exporter of Ford vehicles last year, with shipments reaching 22,521 units, almost three times the number exported in 2010.

During 2011, Ford India expanded its export footprint for the popular Figo to 32 countries, with Burkina Faso and Ivory Coast added in December.

Mr Boneham added that “With work commencing on our second plant in Sanand, expansion of the powertrain facility in Chennai, the launch of the All-New global Fiesta, and Figo’s growing popularity in 2011 gave us many proud moments to cherish.”

(Sourced from BL)

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