Thursday, January 4, 2018

Honda Cars India Ltd. registers 26% growth in December 2017

Honda Cars India Ltd. (HCIL), leading manufacturer of passenger cars in India, registered monthly domestic sales of 12,642 units in December 2017 against 10,071 units units in the corresponding month last year, registering a growth of 26%. 

The company registered a cumulative growth of 20% selling 129,964 units during April - December in 2017, against 108,522 units in the corresponding period of April – December in 2016. 

Calendar Year 2017 sales result 
The company registered a cumulative growth of 15% selling 178,755 units during the calendar year 2017 (Jan – December) against 156,107 units calendar year 2016. 

The company’s best seller Honda City recorded cumulative sales of 62,573 units in full year 2017 becoming the highest selling mid-size sedan during calendar year 2017. 

Mr. Yoichiro Ueno, President and CEO, Honda Cars India Ltd. said, “2017 has been a milestone year for Honda Cars in India, as our best seller Honda City completes 2 decades of unparalleled success in India. Honda City has emerged as the highest selling mid-size sedan during 2017. I would like to thank our customers for their strong support to the model.” 

“HCIL experienced robust growth during 2017 backed by good demand for all our products across segments, especially the Honda City & WR-V. As we welcome the New Year 2018 we would like to take this opportunity to thank all our customers for the continued support to the Honda brand, and look forward to another fruitful year ahead,” he added.

Source: Honda

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