Honda Cars Sales Dip 50 Per Cent In November, Know More

Honda Cars India Ltd (HCIL) on Sunday reported 50.33 per cent decline in domestic sales to 6,459 units in November as against 13,006 units in the same month last year. “Our sales numbers are better than our plan for the month,” HCIL Senior Vice President and Director, Sales and Marketing Rajesh Goel said.

The company is in the last leg of BS IV and accordingly supplies had to be optimised as it progresses towards BSVI transition model by model sequentially, he added.

In the last month, HCIL reported 29.44 per cent decline in domestic sales at 10,010 units in October as against 14,187 units in the same month last year. The company also exported 633 units last month. “The festive season was rewarding for the auto sector after a prolonged slowdown.

The high discounts and other festive offers provided by automakers across the industry resulted in positive consumer sentiment,” HCIL Senior Vice President and Director, Sales and Marketing Rajesh Goel said in a statement.

The company also witnessed an increased sales momentum as compared to last few months and is hopeful that this trend will continue in the following months, he added.

Recently, Honda introduced a new variant of its compact SUV WR-V priced at Rs 9.95 lakh. The newly introduced V grade will be available in diesel engine option and has been positioned between the S and VX grades, HCIL said in a statement.'

(With inputs from PTI)