Honda Cars posts 36% sales drop in Dec

PTI New Delhi | Updated on January 01, 2020 Published on January 01, 2020

Honda Cars India Ltd (HCIL) on Wednesday reported a 36 per cent decline in domestic sales at 8,412 units in December 2019.

The company had sold 13,139 units in domestic market in December 2018, HCIL said in a statement.

Export stood at 197 units last month, it added.

Commenting on the sales, HCIL Senior Vice President and Director - Sales and Marketing, Rajesh Goel said, Our volumes in December 2019 have been on expected lines. In order to avoid any leftover BS-IV stocks, we channelised our resources more towards liquidating them.”

He further said, “In line with the plan, our BS-IV dispatches are finished now so that our dealers can smoothly make transition into BS-VI regime in the coming months.

Published on January 01, 2020
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.