Honda Cars India reports a 35% y-o-y decline in June sales

3 Jul 2023 , 12:09 PM

Honda Cars India reported monthly domestic sales of 5,080 units in June 2023, down by 35.15%, against 7,834 units in June 2022. In June 2023, HCIL’s exports stood at 2,112 units.

Yuichi Murata, Director, Marketing and Sales, Honda Cars India, commented on the sales performance, saying, ‘Our sales in June were in line with our projections and met our planned targets.’

Following the global debut of our latest SUV for India, the Honda Elevate, last month, we have received overwhelming interest in the new model. We will soon begin pre-launch booking for Elevate, which will be released during the holiday season.’

Honda recently introduced the Elevate SUV, which will compete in a highly competitive segment alongside the Hyundai Creta, Maruti Suzuki Grand Vitara, Kia Seltos, and others. Honda’s one-extensive lineup in India is down to product offerings, and Honda is looking to gain market share with Elevate.

The Honda Elevate will be powered by a 1.5-litre petrol engine producing 119bhp and 145Nm of torque and mated to either a 6-speed manual or a CVT gearbox. Honda will not include its hybrid engine with the Elevate when it launches this year during the holiday season, with bookings beginning this month.

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