Honda Cars India Registers 49% Sales Growth in Aug 2021

Honda Cars India Ltd. (HCIL) has reported monthly domestic sales of 11,177 units in August 2021 against 7,509 units in the corresponding month last year, registering a growth of 49%. On a month on month basis, the company registered a growth of 85% as compared to 6,055 units sold in July 2021. During the month, HCIL launched its popular family sedan Honda Amaze in its new avatar, which aims to create fresh excitement in the compact sedan segment.

HCIL also exported a total of 2,262 units in Aug 2021. The export numbers stood at 450 units in the same month last year.

Commenting on the Aug 2021 sales performance, Mr. Rajesh Goel, Sr. Vice President and Director, Marketing & Sales, Honda Cars India Ltd said, “Positive sales momentum and overall strong demand helped us to achieve good volumes with the onset of the festive season. The celebratory fervour which began with Onam in Southern India will extend to the rest of the markets as we move towards the peak of festivities. Our best seller Amaze, which we launched in its new avatar last month, drove commendable sales volume with 6,591 units and reinforced its position as the most preferred family sedan in India.”

He further added, “While we are quite optimistic on the demand side going forward, we are carefully monitoring the prevailing supply-side issues affecting the industry and any future COVID related disruptions.”