Honda Cars India 83% sales growth for FY 2013-14, Mobilio and all-new Jazz launch nears

Honda Cars India Ltd (HCIL) reported its highest ever monthly domestic sales with 18,426 units sold during March 2014. This equates to 83.4% Sales growth over March 2013 when 10,044 cars were sold. For the FY 2013 – 14, Honda reports its highest ever annual sales of 1,34,339 units equating to 83% growth over last financial year.

2014_Honda_City_DieselHonda sold 73,483 units during FY 2012 – 13. Demand for Honda Amaze and new Honda City has contributed largely to company sales here. Export volumes grew by 121% during FY 2013 – 14 with 5798 units as compared to 2622 units in FY 2012 – 13.

Jnaneswar Sen, Sr. Vice President, Marketing and Sales said, “We are thankful to our customers for the great response we have achieved from them for our two big launches of Amaze and All New City during the past financial year. The year also witnessed our entry into the diesel segment with i-DTEC diesel engine technology which has received an overwhelming response from the market. With both manufacturing plants in operation, as well as two new models, the stylish mid-sized MPV, Honda Mobilio and the all-new Honda Jazz due for launch this financial year, we look forward to another year of growth.”

“We will increase our dealer network by 35% in this year by reaching out to more tier 2 & tier 3 markets which will be instrumental for our growth,” he added. Honda India has 170 facilities in 107 cities in India.

Model wise sales break-up

March 2014

Brio

1456

Amaze

7374

City

9518

CRV

78

Domestic Total

18426

Exports

587

Grand Total

19013