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Honda Cars India sales down 25% in January 2023


Honda Motor India reported sales for January 2023 and the company’s domestic sales were 7,821 units. The auto giant recorded a decline in volume of 25% year-on-year last year from 10,427 units sold in January 2022. The company’s exports stood at 1,434 units last, witnessing a decrease of 16.72% with 1,722 units exported abroad during the year. same period last year.

Via:
Contractor Sameer Fayaz

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Update on:
February 1, 2023, 5:42 PM ONLY

Honda sees a 25% drop in sales, which the company says is in line with expectations amid the transition to new emissions standards
Honda sees a 25% drop in sales, which the company says is in line with expectations amid the transition to new emissions standards

Commenting on the sales performance for January 2023, Yuichi Murata, Director, Marketing and Sales, Honda Cars India Ltd said: “The sales numbers for January 2023 were in line with our expectations. , as we are focused on the seamless transition of our product line to the upcoming new emissions norm under the RDE regime. We are optimistic about our operating results in 2023, driven by strong customer demand in the automotive sector.”

Also read: Honda Amaze diesel to stop production ahead of new emissions standards in India

Honda’s decline in numbers comes at a time when the company is in the process of improving its product line. The automaker recently discontinued the diesel variants of the Amaze, while the diesels of the WR-V, Jazz, fourth-generation City and fifth-generation City will be discontinued at the end of the month. 3 years now. However, Honda will have a big comeback later this year.

The Honda City facelift is expected to launch in March this year following new standards and with subtle upgrades. The automaker will also bring a new compact SUV, which could be a brand changer. Honda teased the model a few weeks ago, while it is expected to launch in the middle of the year.

First published date: February 1, 2023, 5:42 PM IST

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