Honda Cars India's national sales declined 51.3 percent in August 2019 - HailNewsUp.com: provides the latest news from India and the world

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Tuesday, September 3, 2019

Honda Cars India's national sales declined 51.3 percent in August 2019

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Honda Cars India reported monthly national sales of 51.3 percent to 8,291 units in August 2019. In comparison, the company sold 17,020 units in the same month last year.

The automaker also exported 227 units in August 2019. This figure is 62.2 percent lower than the 601 units exported by Honda Cars India in August 2018.

Senior vice president and director of sales and marketing, Rajesh said, "The automotive sector is witnessing high growth due to poor consumer perception. This is the best time to buy a car, despite the high discounts on the market." Honda Cars India. Goyal said.

"We hope that the recent measures taken by the government will improve consumer sentiment and demand as we move forward. With the upcoming holiday season, sales are likely to increase in the coming months," he said.

Honda Cars India's domestic sales declined 41.40 percent to 10,314 units in June 2019, while in July 2019, the figure fell by 48.67 percent to 10,250 units.

In August 2019, Maruti Suzuki India's total sales declined by 32.7 percent to 1.06,413 units, while Hyundai Motor India sales were down 9.54 percent to 56,005 units.