Honda Cars India Ltd. registers monthly domestic sales of 11,407 units in June 2016
July 1, 2016: Honda Cars India Ltd. (HCIL) registered monthly domestic wholesales of 11,407 units in June 2016 against 18,380 units in the corresponding month last year.
Speaking on HCIL sales performance Mr. Yoichiro Ueno, President & CEO, Honda Cars India said “The shift in consumer preferences led to high stock of diesel vehicles at our dealerships. As a deliberate measure, we have been rationalising wholesale dispatches to correct the stock situation atour dealerships. The market is good and our retail sales were much higher than wholesales. The stock levels at our dealerships have been almost normalised and we expect that our wholesales would match the retail sales level in July.” “Our new model BR-V has received good acceptance in the market with over 11,000 cumulative bookings. We also recently achieved cumulative sales milestone of 200,000 units for Honda Amaze” he added.
HCIL also exported a total of 393 units during June 2016.
The company registered a cumulative domestic sales of 31,847 units in the period April – June 2016 against 44,447 units for the corresponding period last year.