New Delhi: Honda Cars India Ltd (HCIL) has reported 23 per cent increase in domestic sales at 11,272 units in April as against 9,143 units in the same month last year.
The company’s April sales growth is primarily due to lower base effect, as there was no ‘Amaze’ in corresponding month last year during model runout, HCIL Senior Vice President and Director, Sales and Marketing Rajesh Goel said.
“Going forward, the industry is heading towards a tougher year impacting sales due to volatility in fuel prices, increase in car prices owing to new regulations and stricter inventory control for smooth switchover to BS VI regime by year end,” Goel said.
CM Fadnavis Woos Purandar Farmers With Top Compensation, Jobs & Land For Airport; Eyes 2% Pune GDP Surge
Libya's Army Chief, 4 Other High-Ranking Military Officials Killed In Plane Crash Near Turkey's Ankara; Chilling Video Goes Viral
Aurobindo Pharma To Acquire Additional 20% Stake In China JV For $5.12 Million
Over 15 Lakh Taxpayers Revise ITRs For AY 2025-26 Amid I-T Nudge On Bogus Donation Claims
