Ford India sold 5,840 vehicles in December 2018

//Ford India sold 5,840 vehicles in December 2018

Ford India sold 5,840 vehicles in December 2018

By | 2019-01-03T12:06:35+00:00 January 3rd, 2019|Categories: Ford|Tags: |0 Comments

Ford India’s cumulative sales (domestic and export) for the month of December 2018 stood at 24,420 vehicles compared to 29,795 vehicles in the same month last year. The company sold 5840 vehicles in the Domestic market in December 2018 as against 5087 units in the same period last year. The exports for the month of December 2018 stood at 18,580 vehicles, a decline from 24,708 units in December 2017.

The company registered double-digit growth in domestic wholesales for the calendar year 2018. The company sold 97,804 units in the Domestic Market, a growth of 12% from 87,588 units in 2017. Domestic wholesales figures for 2018 were also the highest ever in Ford India’s history.

Combined domestic wholesale and exports in the calendar year 2018 grew to 265,714 units from 262,784 units in 2017.

Anurag Mehrotra, president and managing director, Ford India said, “2018 was a turnaround year for Ford in India as we consistently delivered on our strategy of Strong Brand, Right Product, Competitive Cost and Effective Scale to strengthen our commitment to India. Despite headwinds due to regulatory and economic changes in India and export markets, we are confident of keeping the momentum in 2019. In India, we are confident of growing better than the industry and bringing many more customers to the Ford fold to experience the promise of transparency and differentiated experience.”

About the Author:

IndiaCarToday is a platform for sharing of knowledge, participating in active discussion and even the formulation of new ideas in the field of Automobiles. Join us on our social media pages and subscribe to get the latest news on your fingertips.