Auto Sales July 2021: Honda Car India Sells 6055 Units Showcasing Strong Growth
Highlights
Honda Cars India despatched 6,055 units in domestic market and exported 918 units in the month of July 2021. The total tally for the month of July was 6973 units. Compare this figure to the same period last year and you'll see that the company sold 5,383 units in domestic sales and exported 282 units. This was in a year led by Covid-19 restrictions. This has led to a increase in sales by 12.4 per cent year on year
The month-on-month growth in the domestic market is notable as well, as the company sold 4767units in June this year and now in July the growth has been a good 27 per cent.
The new-gen Honda City too has been selling well for the company in India
Rajesh Goel, Sr. Vice President and Director, Marketing & Sales, Honda Cars India Ltd said, "We achieved our production ramp-up from last week of July and have streamlined supplies in line with market activity. Barring few locations, dealer outlets were mostly operational last month, albeit with lesser capacity. The market sentiment has improved amidst prevailing lower COVID infection rate and we expect the upcoming festive period will help the industry to maintain this momentum. However, we will keep a closer watch on the challenges related to pandemic and rising cost of acquisition of cars due to price hike from this month."