Honda Cars sales up 83% in March

PTI Posted online: Tuesday, Apr 01, 2014 at 0000 hrs
New Delhi : Honda Cars India today reported 83.4 per cent increase in its domestic sales at 18,426 units in March.

The company had sold 10,044 units in the same month of the previous year, Honda Cars India Ltd (HCIL) said in a statement.

During March, the company sold 1,456 units of its small car Brio, 7,374 units of sedan Amaze and 9,518 units of the premium sedan City.

Besides, the company sold 78 units of sports utility vehicle CRV. In addition, the company exported a total of 587 units during the month.

During the fiscal 2013-14, the company reported 83 per cent increase in sales at 1,34,339 units as against 73,483 units during the previous year.

Giving an outlook for the current fiscal, HCIL Senior Vice-President (Marketing and Sales) Jnaneswar Sen said: "With both manufacturing plants in operation, as well as two new models -- the stylish mid-sized MPV Honda Mobilio and the all-new Honda Jazz -- due for launch this financial year, we look forward to another year of growth."

"We will increase our dealer network by 35 per cent this year by reaching out to more tier 2 & tier 3 markets which will be instrumental for our growth," he added.

The company currently has 170 facilities in 107 cities in its network across the country.