Honda Cars India Ltd. registers 16% growth in sales in February 2019

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Hyderabad: Honda Cars India Ltd. (HCIL), leading manufacturer of passenger cars in India, registered a growth of 16% with monthly domestic sales of 13,527 units in February 2019 against 11,650 units in the corresponding month in 2018.

During the ongoing financial year, the company has registered a cumulative growth of 6.5%, selling 166,585 units during Apr’18 – Feb’19, against 156,452 units in the corresponding period last year.

Mr. Rajesh Goel, Senior Vice President and Director, Sales and Marketing, Honda Cars India Ltd said, “Our on-ground efforts and sustained sales momentum for models, specially the Amaze, City and WR-V has fueled our growth in February. The overall market sentiment is not overtly buoyant at this stage, however we hope the market will revive soon.” “The all-new Civic which is slated for launch next week has received an overwhelming response in the pre-launch phase and we are confident that it will bring excitement in the executive sedan segment,” he added. HCIL also exported a total of 20 units in February 2019.

 

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