Honda Cars India Ltd. registers domestic sales of 8,029 units in November 2016

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Honda Cars India Ltd. (HCIL) registered monthly domestic wholesales of 8,029 units and Exports of 697 units in November 2016.

Commenting on the sales performance, Mr. Yoichiro Ueno, President and CEO, Honda Cars India Ltd. said, “The November month saw major disruptions in the market due to the on-going effects of demonetisation and cash crunch. The consumer sentiment was low and footfalls and enquiries at the dealerships also slowed down during the month. We have taken several constructive steps to neutralize the impact of demonetisation, which includes squeezing the wholesale to avoid the stock piling up at the dealerships. We believe that the situation will normalise in the near future and our sales performance will improve accordingly.”

Model wise sales break-up for November 2016:
Brio 202
Jazz 2,655
Amaze 1,971
City 2,658
Mobilio 101
BR-V 419
CR-V 21
Accord Hybrid 2
Domestic Total 8,029
Exports 697
Grand Total 8,726

The company registered monthly Domestic Wholesales of 14,712 units in November 2015.