General Motors India has reported an increase of 6.74% in December 2011 sales at 9,039 units against 8,468 units sold in the same month of the previous year.

In December, the company had sold 1,365 Spark hatchbacks, 486 Cruze sedans and 4,796 units of its latest compact car offering Beat.

GM India also sold 191 units of entry level sedan Aveo, 227 units of mid sized sedan Optra, 1,927 units of multi utility vehicle Tavera and 47 units of its Captiva SUV.

Mr P Balendran vice president of GM India said that “We have been able to sustain the growth primarily due to the encouraging response to Chevrolet Beat. Other carlines like Spark, Cruze and Tavera have also generated substantial volumes for the company.”

In the 2011 calendar year, GM India sold a total of 111,510 units compared with 110,804 units a year ago. However, unprecedented hikes in interest rates, fuel prices, commodity prices, growing inflation and policy paralysis at the centre have led to negative sentiments in the automobile market.

Mr Balendran said that “We expect the market to remain tight for at least a couple of months to come.”

(Sourced from ET)