Business

Honda posts 55 pc rise in sales in November at 9,990 units

Honda Cars India on Tuesday reported a 55 per cent increase in domestic sales at 9,990 units in November. The company had sold 6,459 units in the domestic market in November 2019, Honda Cars India Ltd (HCIL) said in a statement.

migrator

New Delhi

Exports stood at 31 units last month, it added. "The festive season this year was good for us with sales improving by 55 per cent in November and contributing to overall industry growth.

"With new and refreshed model line-up along with lucrative offers for consumers, we were able to leverage festive demand and register good sales," HCIL Senior Vice President and Director (Marketing & Sales) Rajesh Goel said. While the Amaze continues to show strong market performance, the all new City has been fuelling the demand in the mid-size sedan segment since its launch and maintaining its leadership position month after month, he added.

"Although there are continuing challenges of pandemic and its impact on overall consumer sentiment, the rise in personal mobility is expected to help us sustain our sales momentum during the rest of fiscal year," Goel said.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

"To me it is Tamil New Year": DMK MP Kanimozhi on TVK chief Vijay's Pongal post

Vijay's Pongal greeting rekindles debate over Tamil New Year date in TN

"Vijay should understand that this accident happened only because of him": DMK spokesperson TKS Elangovan on Karur stampede incident

Tamil Nadu govt releases Rs 111.96 crore to farmers for crop damage

DMK slams Amit Shah over Thiruvalluvar Day wishes; cites poor knowledge of Tamil culture