HSCI registers highest ever sales for March

April 1, 2008 New Delhi

New Delhi, April 01, 2008: Honda Siel Cars India (HSCI), leading manufacturer of premium cars in India recorded its highest ever monthly sales in March 2008. The company sold 8,895 units in March 2008 as against 8,487 units sold during the same month previous year translating to a growth of 4.8%.

The cumulative sales of the company during the Financial Year period April − Mar 2008 was 62,802 units as against 61,325 units sold in Apr − Mar '07 recording an increase of 2.4%.

The company sold 20,436 units in Calendar year period Jan − Mar 2008 as against 18,021 units in the corresponding period last year recording a 13.4% increase.

Model wise break-up in March 08: City ZX - 6492; Civic - 2074; CRV - 329

Sales and Distribution Network

Honda Siel Cars India expanded its sales and distribution network across the country during the fiscal year 2007-08 to 80 facilities in 51 cities. The network included 55 facilities in 41 cities during 2006-07.

About Honda Siel Cars India Ltd.

HSCI was established in December 1995, with Honda Motor Co., (Japan) and Siel Ltd. (India) as the key promoters. Honda's models are strongly associated with advanced design and technology, apart from its established qualities of durability, reliability and fuel-efficiency.

Honda Siel Cars' state-of-the-art manufacturing unit was set up in 1997 at Greater Noida, U.P. and has inaugurated its new expanded capacity of 100,000 units per annum in February 2008.

Honda's most successful global model, the eighth generation Civic was launched in July 2006 and is already a segment leader. The Honda City ZX, the largest selling sedan in India, is today recognized as one of the most successful car brands in India. The company launched the 10th Anniversary edition of Honda City to commemorate the 10 years of Honda in India.

HSCI recently launched the 2.0L 2WD CR −V with Honda's latest iVTEC engine. The 2.0L CR−V has better fuel efficiency without compromising on performance.

In 2007, Honda City Honda City Zx and Honda CR−V ranked first in the TNS Total Customers Satisfaction Award.

Corporate awards of HSCI in 2007 includes: 'Best Executive Car' (Honda Civic), CNBC Autocar Auto Awards, 'Best Brand for eco friendliness' (HSCI) by Auto India and 'Best Ad campaign of the year' (HSCI's 10th anniversary campaign) by Overdrive.

The company operates under the stringent standards of ISO 9001 for quality management and ISO 14001 for environment management.

For further information, please contact:

Anita Sharma
Honda Siel Cars India Ltd.
e-mail: anita@hondacarindia.com

or

Poonam Tibrewal
Corporate Voice Weber Shandwick
Ph: 9811029543
e-mail: ptibrewal@corvoshandwick.co.in