HSCI records 54% increase in cumulative sales during April – August 2012

September 3, 2012 New Delhi

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New Delhi, September 1, 2012: Honda Siel Cars India Ltd. (HSCI), leading manufacturer of premium cars in India, sold 29,932 units during the period April - August 2012 as against 19,433 units during the same period last year reporting an increase of 54%.

Mr. Jnaneswar Sen, Sr. VP - Sales and Marketing, Honda Siel Cars India, stated "The macroeconomic indicators are not very encouraging and the general inflationary trends have led to low consumer sentiments affecting the demand of cars. We are hopeful of returning to good growth numbers during the festival season."

The company sold 5470 units during the month of August 2012 as against 6907 units sold during the corresponding month last year.

Model wise sales break-up :

Brio

2335

Jazz

465

City

2536

Civic

53

Accord

34

CR-V

47