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Honda Cars marks 163% sales growth in Dec

India Blooms News Service | | 02 Jan 2015, 11:12 pm
Mumbai, Jan 2 (IBNS): Car manufacturer Honda Cars India Ltd. (HCIL) 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%.

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

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

Commenting on the company’s performance, Jnaneswar Sen, Sr. Vice President – Marketing & Sales, 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. 2 successful launches of Honda City and Honda Mobilio coupled with strong demand for all models throughout the year have contributed to 67% growth in HCIL sales in 2014. Honda’s fast expanding dealer network in Tier III markets has further contributed to this sales growth.” 

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