Honda Cars India registered growth of 123% in February’ 14

March 1, 2014 New Delhi

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  • 4th Generation Honda City receives tremendous response, Deliveries begin for Petrol City

1st March, 2014:Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, recorded a monthly domestic sales of 14,543 units in February 2014 registering a growth of 123% owing to the success of the all new Honda City and strong sales momentum for Honda Amaze. The company sold 6510 units in the corresponding month last year.

Expressing delight on the company’s performance Mr. Jnaneswar Sen, Sr. Vice President – Marketing & Sales, Honda Cars India Ltd. said, “We are happy to see the huge demand for the all new Honda City which has gained the leadership position in its segment from the first month itself. The deliveries for the Petrol City have begun from February and with both our car manufacturing plants in operation, it will aid in quick delivery of cars and cater to the strong demand from our customers. The excise duty reduction announced during Interim budget last month has made all our cars even more attractively priced for our customers.”

With a cumulative investment of Rs 3526 crores, Tapukara plant currently employs about more than 3200 associatesHCIL registered an overall growth of 83% in Apr’13 – Feb’14 with 115,913 units as against 63,439 units during the corresponding period last year.

HCIL also exported a total volume of 252 units during February 2014.

Model wise sales break-up for February 2014:
Brio 1235
Amaze 6030
City 7213
CRV 65
Domestic Total 14543
Exports 252
Grand Total 14795