Wednesday, November 1, 2017

Honda Cars India Ltd. registers domestic sales of 14,234 units in October 2017


New Delhi: Honda Cars India Ltd. (HCIL), leading manufacturer of passenger cars in India, registered monthly domestic sales of 14,234 units in October 2017 against 15,567 units in the corresponding month last year. 



The company has registered a cumulative growth of 17% selling 105,503 units during April- October period in 2017, against 90,422 units in the corresponding period of April - October in 2016. 


Mr. Yoichiro Ueno, President, and CEO, Honda Cars India Ltd. said, "There have been some market disruptions on account of GST and additional cess implementation in the last few months which resulted in pre-buying ahead of the festive period this year. The festive purchases also spread across two months this year where we have witnessed a combined sales growth of over 6%." 

During October, we also faced some supply constraints of few components, due to which our production of some models got impacted and held us back in terms of dispatches last month. We have taken steps to strengthen the supply situation and hope it will normalize in November," he added.


Model wise sales break-up for October 2017:
Brio
640
Jazz
2,646
Amaze
1,845
City
4,366
WR-V
3,443
BR-V
1,280
CR-V
14
Domestic Total
14,234
Exports
385
Grand Total
14,619



Source: Honda India

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