Honda Cars domestic sales slip in fiscal 2020-21 dips to 82074 units

Date: 01 Apr 2021

Honda Cars India (HCIL), a leading manufacturer of passenger cars in India, registered monthly domestic sales of 7,103 units in March 2021, thereby clocking a growth of 92% when compared to its wholesales of 3,697 units in the month of March 2020.

HCIL’s annual domestic sales stood at 82,074 units during FY 20-21. The company had sold 102,016 units in domestic market and exported 3,826 units in FY 19-20.

HCIL exported a total volume of 5,131 units during FY 20-21 with 1,069 units exported in the month of Mar’21.

Rajesh Goel, Sr. Vice President and Director, Marketing & Sales, Honda Cars India Ltd said, “Fiscal Year 20-21 was an unprecedented year full of COVID led challenges, but the industry showed great resilience and made considerable recovery during unlock phase. Similarly, after an extremely tough 1st half, strong efforts both at the production side and dealer network helped HCIL to witness positive growth of 39% in 2nd Half of the fiscal. Buoyant customers have injected fresh vigour in the market and we are striving to sustain the growth momentum in future.” 

“The supply constraints due to continuing global shortage of semi-conductors have impacted our production volume and dispatches particularly for Honda City in Mar’21. We will continue to make efforts towards restoring normalcy and hope this issue gets resolved at the earliest,” he added.

 

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