Advertisement

Business

Updated on: Wednesday, May 29, 2019, 08:27 PM IST

Honda Cars India sales up 23 pc

Advertisement

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.

Advertisement

(To receive our E-paper on whatsapp daily, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

Published on: Thursday, May 02, 2019, 02:56 AM IST
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement