MUMBAI – General Motors India Ltd. missed its modest 75,000-unit sales target for 2008, instead delivering 65,702 passenger vehicles in the year. The result still was 9.5% ahead of 2007. Additionally, the auto maker remains on track to raise its market share to 10% from 4% by 2010, despite the sluggish market, consumer apathy and tightening credit for dealers and car buyers. GMI’s short-term strategy is to take the market slowdown in stride, while focusing on its long-term product ...
Premium Content (PAID Subscription Required)
"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.