 "Ford India sales take a 22% dip in July")
Car-maker Ford India posted a 22.18 percent decline in total sales at 8,323 units in July.
The company had sold 10,696 units in the same month last year, Ford India said in a statement. Ford’s domestic sales declined by 16.89 per cent to 6,236 units in the month from 7,504 units in July 2011, it added.
[caption id=“attachment_400175” align=“alignleft” width=“380”]  Car-maker Ford India posted a 22.18 percent decline in total sales at 8,323 units in July.Reuters[/caption]
Its overseas shipments fell by 34.61 percent to 2,087 units from 3,192 units in the same month last year. “With consumer confidence yet to recover from the effects of a recent hike in petrol prices, ongoing high interest rates and high inflation, the challenging market conditions continue unabated in India’s auto market,” the company said.
PTI
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