Honda Cars India Ltd. registers 23% growth in sales in January 2019

February 1, 2019 New Delhi

  • brochure icon

New Delhi, February 1st, 2019: Honda Cars India Ltd. (HCIL), leading manufacturer of passenger cars in India, registered a growth of 23% with monthly domestic sales of 18,261 units in January 2019 against 14,838 units in the corresponding month in 2018.

HCIL also exported a total of 200 units in January 2019.

During the ongoing financial year, the company has registered a cumulative growth of 5.7%,selling 153,058 units during Apr’18 – Jan’19, against 144,802 units in the corresponding period last year.

Mr. Rajesh Goel, Senior Vice President and Director, Sales and Marketing, Honda Cars India Ltd said, “HCIL sales efforts backed by excellent support from dealers, helped us achieve the sales growth of 23% in January. Responding to the tepid market situation with extensive marketing efforts including on-ground activations focusing on Tier 2&3 markets, drove sales of all Honda models in the month.” “With additional benefits in Direct Taxes announced in today’s Interim Budget, we expect the consumer sentiment to improve in the coming months,” he added.