Honda Cars posts 36% domestic sales decline to 8,412 units in December

Honda had sold 13,139 units in domestic market in December 2018 but managed to sell just 8,412 units in the same month of 2019.

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NEW DELHI : New Delhi, Jan 1 (PTI) Honda Cars India Ltd (HCIL) on Wednesday reported a 36 per cent decline in domestic sales at 8,412 units in December 2019.

The company had sold 13,139 units in domestic market in December 2018, HCIL said in a statement.

Export stood at 197 units last month, it added.

Commenting on the sales, HCIL Senior Vice President and Director - Sales and Marketing, Rajesh Goel said, “Our volumes in December 2019 have been on expected lines. In order to avoid any leftover BS-IV stocks, we channelised our resources more towards liquidating them."

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He further said, "In line with the plan, our BS 4 dispatches are finished now so that our dealers can smoothly transition into BS 6 regime in the coming months."

First Published Date: 02 Jan 2020, 09:58 am IST
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