Honda Cars Reports 15% Decline In Sales At 6,086 Units In February

Exports declined to 973 units last month as compared with 2,337 units in the year-ago period

Topics

Honda | Honda Motor Co | Car sales

Press Trust of India  |  New Delhi 



Honda

Photo: Shutterstock

').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();

Cars India on Wednesday reported a 15 per cent year on year dip in sales in the domestic market at 6,086 units in February.

The company had sold 7,187 units in the domestic market in February 2022, Cars India Ltd (HCIL) said in a statement.

Exports declined to 973 units last month as compared with 2,337 units in the year-ago period, it added.

"Our sales performance in the month of Feb'23 has been as per our plan towards seamless transition of our models to new emission norms," Cars India Director Marketing and Sales Yuichi Murata said.

The company is currently gearing up for the launch of the new City, he added.

"We are confident that it will generate new excitement and appealing options for customers," Murata noted.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

First Published: Wed, March 01 2023. 23:01 IST


RECENT NEWS

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more

Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector

The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more

JPMorgan And Small Caps Lead Market Rally: A Sign Of Economic Optimism

In a week marked by strong financial performance, JPMorgan Chase & Co. reported a 25% rise in profits, and US small-... Read more

Big Banks Vs. Regional Banks: The Battle For Market Share

The financial industry is a competitive landscape where big banks and regional banks vie for market share. Each type of ... Read more

The Evolution Of Philanthropic Advisory Services In Private Banks

The landscape of philanthropic advisory services provided by private banks has undergone a significant transformation. T... Read more