Ford India Feb sales growth, Union Budget 2015 reaction
February domestic wholesales were 5,959 vehicles (PY 6,799 units)in February 2015, equating to 12.35 pct sales decline. Exports grew to 6,617 vehicles (PY 5,454 units), equating to 21.32 pct sales growth.
Anurag Mehrotra, executive director, Marketing, Sales and Service at Ford India welcomes the government’s clear focus on promoting infra and investment as indicated in Union Budget 2015. Pro development tools will have an indirect effect on automotive sector growth, a major contributor to GDP. Ford India compliments the government for outlining the roadmap for GST implementation. business development atmosphere looks encouraging.
Ford India hopes the government will continue its pro-consumer, industry-friendly reform policy. Lower interest rates to boost auto sector demand were expected. Last month, the auto manufacturer introduced a Vehicle Personalisation Centre to offer personalisation options for new Ford EcoSport buyers.
Ford also appointed Eureka Ford Parts as its second exclusive distributor for Genuine Parts in Tamil Nadu. The first store was opened in November in Delhi. Retail distribution network will be extended to Karnataka, Maharashtra, Kerala and East of India.