HSCI records highest ever October sales

November 2, 2009 New Delhi

New Delhi, November 2, 2009: Honda Siel Cars India Ltd., leading manufacturer of premium cars in India, clocked a phenomenal growth of 346.9% in the month of October 2009 over the same month in 2008.The company has sold 6,909 units in October 2009 as against 1,546 units in the corresponding month last year.

Total cumulative sales for the period April – Oct 2009 also recorded a remarkable growth of 37.7%, as compared with corresponding period in 2008. The company achieved cumulative sales of 34,430 units during the period as compared with 25,007 units sold during April –Oct 2008.

Commenting on the company’s highest ever October sales Mr. Jnaneswar Sen, Vice President, Marketing HSCI said, “Growing consumer optimism coupled with an array of new launches by us during the festival season catapulted our sales for the month. We would like to thank all our customers who reposed their confidence in us and made this festive season remarkable for the company.”

The company’s phenomenal performance for the month has come from its best-selling sedan- The Honda City. HSCI sold 5,129 units of the car in October 2009. Honda City was in the run out phase last October due to the launch of the new Honda City. Deliveries of the new City began from November 2008 affecting the model’s sales for October 2008.

During the month HSCI introduced ‘win a car’ contest under the Great Honda Fest which concluded on 31st October 2009. The company got an overwhelming response from customers across the country. 6 lucky winners walked away with their favourite Honda cars absolutely free.

Model wise break-up for October '09:
City: 5129; Jazz: 830; Civic: 623; Accord: 280; CRV: 47