Honda Cars India registered growth of 123% in February' 14

Written by FE Online | New Delhi | Updated: Mar 2 2014, 00:23am hrs
HCILHCIL also exported a total volume of 252 units during February 2014
Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, 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 companys performance 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 Apr13 Feb14 with 115,913 units as against 63,439 units during the corresponding period last year.

HCIL also exported a total volume of 252 units during February 2014.

Model wise sales break-up for February 2014:

Brio-1235

Amaze-6030

City- 7213

CRV- 65

Domestic Total- 14543

Exports- 252

Grand Total- 14795