Honda Cars sales up 2 pc to 7,228 units in March
Honda Cars India reported a 2% rise in domestic sales for March, totaling 7,228 units, despite a decline in exports. The company achieved its highest-ever export volumes driven by strong demand for the Elevate in Japan. Total sales for FY25 reache...
Export declined to 4,656 units last month as compared with 6,860 units in March last year.
The company said it registered total sales of 1,26,151 units in FY25 against 1,24,173 units in FY24.
"The company's sales performance in FY25 has been in line with the ongoing tough business environment," Honda Cars India Vice President (Marketing & Sales) Kunal Behl said in a statement.
On the domestic front, the industry faced challenges in creating fresh demand from the market which was also reflected in HCIL domestic sales, the automaker recorded its highest ever export volumes led by strong export business of Elevate to Japan, he added.
"While demand creation may still present challenges in the new fiscal year, we remain optimistic and believe our commitment to customer satisfaction will enable us to navigate the market effectively and continue driving positive results," Behl said.
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