In June 2023, Honda Cars India Ltd (HCIL) sold 4,804 cars domestically, down 5% from the previous year’s 5,080 units.
Honda Automobile Sales Fall 5 per cent in June
Important Points to Note, ”Honda Automobile Sales Fall 5 per cent in June”
In-house Sales: In June 2024, HCIL shipped 4,804 units to dealers, a decrease from 5,080 units during the same month the previous year.
Export Growth: Exports increased dramatically, more than tripling to 4,972 units in June from 2,112 units in the previous year, despite the decline in domestic sales.
State of the Market:
Vice President of Marketing & Sales at HCIL Kunal Behl recognized the difficulties in generating new demand in the home market. Nonetheless, he emphasized as a major plus the company’s ongoing export expansion.
Result:
Despite the challenging home market, Honda Cars India’s remarkable export development demonstrates its tenacity and strategic focus on global markets. For more information on Honda’s performance and marketing tactics, keep checking back.
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