Honda Cars sales dip 23 pc to 10,080 units in October
Honda Cars India reported a 23 percent decline in total sales for October, with 10,080 units sold. Domestic sales dropped 41 percent to 5,546 units, while exports increased to 4,534 units. The festive season helped boost customer deliveries. Honda...
The company's domestic sales dipped 41 per cent to 5,546 units last month from 9,400 units in the year-ago period.
Its exports rose to 4,534 units last month against 3,683 units in October last year.
"The festive sales momentum in October with Navratri, Durga Puja, Dussehra, Dhanteras and Diwali celebrated in the same month contributed strongly to the customer deliveries at the dealerships. It surely revitalised demand compared to the previous few months of muted activity for the industry," Honda Cars India Vice President (Marketing & Sales) Kunal Behl said.
He further said, "Our dispatches and deliveries aligned with our expectations. Our focused approach to aligning production and inventory with demand positions us well to sustain this momentum".
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