General Motors India delivered a total of 3,612 new Chevrolet vehicles in April 2015, representing a 1,690-vehicle drop compared to the 5,302 units sold in April 2014.
The automaker continues to blame external factors for the sales drop:
“The overall customer sentiment has not picked up as expected and the rural markets are also facing challenging times. The fuel price hike last night is also expected to impact demand going forward,” said Paramu Balendran of GM India communications.
“We expect the interest rates to be reduced in phases and some of the reform-oriented announcements made by the government to be implemented in a timely manner to aid economic recovery,” added Mr. Balendran.