Honda India sales have climbed up the ladder, thanks to the massive price cut by Honda. The company sold 3,455 units during the month of June 2011 as against 2,334 units sold during May 2011 posting a growth of 48%.
Honda will soon enter the small car market with the launch of the Brio hatchback. The car if priced competitively will help Honda to get higher volumes.
The Model wise sales break-up: Jazz: 361; City: 2802; Civic: 175; Accord: 103; CR-V: 14
Official Press release
Honda Siel Cars India (HSCI), leading manufacturer of premium cars in India reported sales of 3,455 units during the month of June 2011 as against 2,334 units sold during May 2011 posting a growth of 48%.
Commenting on the company’s sales volumes Mr. Jnaneswar Sen, Sr. Vice President, Sales & Marketing said, “We have been working with production constraints for the last few months. However, recovery efforts are going on to increasingly meet the demand which has helped us improve our sales in June 2011. Sales of our largest selling model Honda City is back on an upswing, posting a growth of 53% from last month”.
The company sold 4,595 units in June 2010.
Model wise sales break-up: Jazz: 361; City: 2802; Civic: 175; Accord: 103; CR-V: 14
About Honda Siel Cars India Ltd.
Honda Siel Cars India Ltd., (HSCI) leading manufacturer of passenger cars in India was established in December 1995 as a joint venture between Honda Motor Co. Ltd (Japan) and Siel Limited with a commitment to provide Honda’s latest passenger car models and technologies, to the Indian customers.
HSCI’s first state-of-the-art manufacturing unit was set up at Greater Noida, U.P in 1997 with an investment of Rs. 450 crore. The total investment made by the company in India till date is Rs. 1620 crores. At present, the company has a capacity of manufacturing 100,000 cars.
HSCI’s second manufacturing facility is in Tapukara, Rajasthan. This facility is spread over 600 acres and will have an initial production capacity of 60,000 units per annum, with an investment of about Rs 1,000 crore. The first phase of this facility was inaugurated in September 2008. Plant has been awarded with “National Energy Conservation Award” for their efforts in energy conservation in automobile manufacturing sector for the year 2010.
The company’s product range includes Honda Jazz, Honda City, Honda Civic and Honda Accord which are produced at the Greater Noida facility with an indigenization level of 77%, 76%, 74% and 28% respectively. The CR-V is imported from Japan as Completely Built Units.
Honda Jazz is the company’s first offering in the premium compact car segment. The Jazz is a segment-defining car that has won accolades and adoration all over the world. Honda’s all-new Third Generation Honda City was launched in September 2008. It comes with a completely new design, new engine, and spacious cabin and equipped with various active and passive safety features.
The new Honda City achieved milestone sales with 50,000 units sold within one year of its launch.
HSCI launched the1.8 S Civic in India in July 2006. The company launched the Sportier and More Aggressive New Honda Civic in September 2009. Honda launched a refreshed version of the 3rd generation CR-V in November 2009.
Honda’s models are strongly associated with advanced design and technology, apart from its established qualities of durability, reliability and fuel-efficiency.
The company operates under the stringent standards of ISO 9001 for quality management and ISO 14001 for environment management.