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Honda Cars India reports 10% increase in domestic sales in September

  • Honda Cars India sold 10,199 units in domestic market in September as compared to 9,301 units in the year-ago period.

Honda Cars India Ltd (HCIL) on Thursday reported a 9.7 per cent increase in domestic sales to 10,199 units in September.

The company had sold 9,301 units in domestic market in September 2019, HCIL said in a statement.

Exports stood at 170 units last month, it added.

"The September results saw an uptick in our dispatches in line with our plan and reaffirms slow but steady path to recovery, both for demand and supply," HCIL Senior Vice-President and Director (Marketing and Sales) Rajesh Goel said.

(Also read | Honda Cars India enhances digital experience with 360-degree virtual showroom)

He further said :"This was also our preparation for the festive season where we expect the market to gain further momentum from mid-October with start of Navratras."

The demand for personal mobility will surely surge due to customers' necessity to guarantee personal safety during Covid, which will get reflected in industry volumes in the coming months, Goel noted.

For the upcoming festive period, the company has planned exciting offers on cars including easy financing options to help augment sales, Goel noted.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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