Honda Cars India Ltd. (HCIL) Clocks Annual domestic sales of 86,584 and exports of 37,589 units in FY’23-24

MUMBAI, APRIL 1, 2024 (GPN): Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, registered monthly domestic sales of 7,071 units in March 2024. The export numbers for HCIL stood at 6,860 units in Mar’24. The company registered monthly domestic sales 6,692 units in domestic sales and 3,189 units of export in Mar’23.

During the fiscal year 2023-24, HCIL cumulatively sold 1,24,173 units including domestic and exports in comparison to 1,14,140 units recorded in FY 22-23.

Sharing thoughts on the fiscal year sales performance, Mr. Kunal Behl, Vice President, Marketing & Sales, Honda Cars India Ltd, said, “The year 2023-24 has been an important year for HCIL as we marked a strong entry into the booming SUV segment with the Honda Elevate, which has received an overwhelming response from customers nationwide. The Elevate has become a strong business pillar contributing significantly to our domestic sales and strengthening our exports by addition of new destination Japan.”

 The company’s domestic sales stood at 91,418 units and export at 22,722 units during FY 22-23.

About Honda Cars India Ltd.

Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, was established in December 1995 with a commitment to provide Honda’s passenger car models and technologies, to the Indian customers. HCIL’s corporate office is based in Greater Noida, UP and its state-of-the-art manufacturing facility is located at Tapukara, District. Alwar, Rajasthan.

Honda’s models are strongly associated with advanced design and technology, apart from their established qualities of durability, reliability, safety, and fuel-efficiency. The company has a strong sales and distribution network spread across the country.

Besides the new car business, Honda offers one stop solution for buying and selling pre-owned cars through its business function Honda Auto Terrace. The Honda Certified Pre-owned cars come with an assurance of quality and peace of mind that caters to the diverse and burgeoning needs of pre-owned car buyers across the country.