Honda India sales recover, up 9.4% in February

In early March, Honda’s India subsidiary Honda Cars India Limited published the company’s February India new car sales. Total sales excluding exports were 14,249 units. This is 9.4% over the previous year and marks the first year-on-year growth in 16 months.

Of the total, the City compact sedan sold 6,318 units, putting it at top place for the 2nd straight month. The Amaze compact was second, selling 3,924 units. Next was the Jazz with 2,758 units, the Brio with 521, and the CR-V with 25.

The new BR-V SUV, which was released in India in April, 2016, sold 703 units. February’s exports from India totaled 748 units. This is 1.8 times the previous year’s February and marks the 5th straight month of year-on-year growth.

Honda’s 2015 India sales (April 2015 to March 2016) were up 2% at 192,059 units. It was the 3rd straight year Honda set a new record for annual sales. Sales for 2016 were 156,107 units, which was 22.9% down from 2015.

Honda Cars India Limited CEO Yoichiro Ueno says, “The Indian market started to recover in February and Honda’s sales benefited from it.”

Written by Minoru Moriwaki

(Translated by Greg Scott)