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Honda sales for October this year decline by 22.8 per cent

November 03, 2016, 01:24 PM IST by Ninad Ambre
Honda sales for October this year decline by 22.8 per cent

Overall sales of Honda in India fell by 22.8 per cent in October this year. And it’s not a dismal figure as the carmaker managed to sell more than 20,000 cars in the festive season.

In the corresponding month this year exports stood at 289 units. The decline in sales figures is a year-on-year performance. In October 2016, 15,567 Honda vehicles were sold as compared to 20,166 units in the corresponding month last year. So yes, cumulative sales from the domestic market for the last month were lower than previous year. In fact, last year the manufacturer has posted a growth of 52 per cent with monthly domestic sales of 20,166 units in October 2015 as against 13,242 units in October 2014.

Honda sales for October

Yoichiro Ueno, President and CEO, Honda Car India Ltd, said, "Strong demand during the festival period led to Honda’s highest monthly retail sales of 2016 in October month. Due to increased car purchases in Navratra, Dhanteras and Diwali, the customers took deliveries of more than 20,000 Honda cars in this month."

Honda also had some news to cheer about as its October month sales are still the highest monthly retail sales for the manufacturer for 2016. More than 20,000 cars were sold in the festive season. Looking at the model-wise break-up of sales as shown below, it is clear that the City sedan continues to lead the way in Honda's October sales leap. Honda's product launches for 2016 are done and let's see what the manufacturer has in store for next year now.

Honda sales for October

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