City sedan fuels May 2014 sales growth for Honda India
Honda Cars India Ltd. (HCIL) has reported monthly domestic sales of 13,362 units in May 2014 over 11342 cars sold in May 2013. This equates to 18% sales growth for the month with much credit going to demand for ll new Honda City and continued sales momentum for Honda Amaze compact sedan.
Expressing delight on the companyâ€™s performance Mr. Jnaneswar Sen, Sr. Vice President â€“ Marketing & Sales, Honda Cars India Ltd. said, â€śWe are thankful to our customers for the continued support we have been receiving for the Amaze and All new City and are confident that we will continue to do well in respective segments. Currently, we are excited about entering into the MPV segment with the upcoming launch of our mid-size stylish 7 seater – the Honda Mobilio. We are hopeful that the Indian consumers will welcome our new offering with open arms.â€ť
On the sales front, through May 2014 Honda reports a decline in sales of Brio hatchback at 1,333 units, Amaze at 4,752 units, CR-V at 59 units, and export of 518 units. For the corresponding month in 2013, Honda reported sales of 2012 units of Brio, 6036 units of Amaze, 68 CR-V units, and 738 units were exported.
In regards to City sales, 7,218 units were sold in may 2014 over 3202 units sold in may 2013 to report 125% sales increase. Honda India cumulative sales (export + domestic) for May 2014 was 13,880 units as against 12080 units sold in May 2013 to equate to 15% overall sales growth.