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Honda Cars reports 6 pc rise in Mar sales at 7,071 units

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NewsDrum Desk
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New Delhi, Apr 1 (PTI) Honda Cars India Ltd on Monday reported a 6 per cent increase in wholesales in the domestic market at 7,071 units in March.

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The company had shipped 6,692 units in the domestic market in March 2023, Honda Cars India Ltd (HCIL) said in a statement.

Exports surged over two-fold to 6,860 units last month as against 3,189 units in the same month last year, it added.

For 2023-24 fiscal, the automaker sold 1,24,173 units, including domestic and exports, in comparison to 1,14,140 units recorded in FY 22-23.

"The year 2023-24 has been an important year for the company as we marked a strong entry into the booming SUV segment with the Elevate, which has received an overwhelming response from customers nationwide," Honda Cars India Vice President Marketing & Sales Kunal Behl said.

The Elevate has become a strong business pillar contributing significantly to the company's domestic sales and strengthening exports by addition of new destination Japan, he added. PTI MSS MSS MR

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