Honda Cars India Registers 163 Percent Growth In December 2014

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Honda Cars India Ltd. (HCIL), one of India's leading manufacturer of premium cars, has clocked 14,428 units of domestic sales in the month of December 2014 as against 5,493 units sold during December 2013, registering a sales growth of 163 percent.

HCIL registered its highest ever domestic sales in a calendar year with 179,816 units in January to December 2014 with an overall growth of 67 percent as against 107,661 units during the period January to December 2013.

The company sold 131,133 units in the current fiscal year during April to December 2014 with a cumulative growth of 53 percent as against 85,656 units in the corresponding period of April to December 2013.

Commenting on the company's performance, Jnaneswar Sen, the Sr. Vice President of Marketing & Sales for Honda Cars India Ltd. said, "Year 2014 has been a very successful year for HCIL business with record sales of crossing 1.79 lakh units in the domestic market in a calendar year."

"Two successful launches of Honda City and Honda Mobilio coupled with strong demand for all models throughout the year have contributed to 67 percent growth in HCIL sales in 2014. Honda's fast expanding dealer network in Tier III markets has further contributed to this sales growth."

Model wise sales break-up for December 2014:
Brio 1120
Amaze 5176
Mobilio 2098
City 6012
CR-V 22
Domestic Total 14428
Exports 620
Grand Total 15048
Story first published: Friday, January 2, 2015, 16:25 [IST]
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