Who wrote this article?

Aakash Agarwal, Capitalmind's research team.

Force Motors Overall Sales Growth At 1.3%; UV, SUV & Tractor Sales Contract 11.09%

3 Mar 2017Aakash Agarwal1 min read

Quick Facts

What is "Force Motors Overall Sales Growth At 1.3%; UV, SUV & Tractor Sales Contract 11.09%" about?
What category is this article in?: Charts And Analysis
Who wrote this article?: Aakash Agarwal, Capitalmind's research team.
When was this article published?: Published 3 March 2017.
How long does this article take to read?: 1 min read
What topics does this article cover?: Force Motors, FORCEMOT

We bring you our monthly report on the automobile sales for February, 2017. You can catch all the February Sales here. You can also find all the coverage in relation to the automobile sector here.

Reported by VC Circle, ride sharing start-up Uber has been hatching plans to introduce ride sharing on vans and buses in India with Kolkata as the test city for the service. As per the publication, Uber has tied up with Force Motors to provide for the 13-seater Trax Cruiser.

Force reported sales of **2,797 units in February, 2017 against 2,761 units **during the same time last year resulting in a growth of 1.3%. UV, SUV & Tractors sales stood at 1,093 units against 1,217 units and SCV & LCV sales stood at 1,704 units against 1,544 units.

Avg. realization stood at Rs. 5.82 lakh per unit against Rs. 5.85 lakh per unit during the same time last year.

**YTD sales **stood at 28,567 units against 28,591 units resulting in a flat growth.

Note: Sales numbers presented here are manufacturer reported sales numbers i.e. factory dispatches to dealerships. They are NOT retail sales figures to end customers.

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