Honda sales grow up 123%. To grow further soon.

Honda Cars India Ltd. recorded a monthly domestic sales of 14,543 units in February 2014 registering a growth of 123% owing to the success of the all new Honda City and strong sales momentum for Honda Amaze. The company sold 6510 units in the corresponding month last year.

 
Expressing delight on the company’s performance Mr. Jnaneswar Sen, Sr. Vice President – Marketing & Sales, Honda Cars India Ltd. said, “We are happy to see the huge demand for the all new Honda City which has gained the leadership position in its segment from the first month itself. The deliveries for the Petrol City have begun from February and with both our car manufacturing plants in operation, it will aid in quick delivery of cars and cater to the strong demand from our customers. The excise duty reduction announced during Interim budget last month has made all our cars even more attractively priced for our customers.”
 
HCIL registered an overall growth of 83% in April ’13 – February’14 with 115,913 units as against 63,439 units during the corresponding period last year. The production numbers were limited as the company was running short on production, however now Honda has begun the production at its newly inaugurated Rajasthan plant. So, expect more sedans like Amaze and City to be rolled out. The deliveries of the petrol City began in February and till the end of the next financial year, Honda will introduce two more products in their line-up.