Honda Cars India sales grow 8% in FY18

NEW DELHI: Honda Cars India (HCIL) registered a growth of 8% to sell 170,026 units in the domestic market in the last financial year.The company had sold 157,313 units in the previous financial year.The company registered monthly domestic sales of 13,574 units in March 2018, which is a drop of 28.4% compared to 18,950 units sold in the corresponding month of the previous financial year.“Strong sales momentum of current models helped HCIL to keep pace with the industry growth”, the company said in a statement, adding, “The current Amaze is in the run-out phase, as the company prepares to launch the all-new 2nd Generation Amaze shortly. The new fiscal year 2018-19 offers tremendous growth opportunity for HCIL as the company has lined-up three big launches enhancing the product line-up with All New Amaze, All New CR-V and Civic.”

from The Economic Times https://ift.tt/2pXD34p