Honda Cars Reports 13% Dip in Domestic Sales to 7,874 Units in April 2023

Published:Nov 26, 202316:13
0

New Delhi, May 1: Honda Cars India Ltd (HCIL) on Sunday reported a 13 per cent decline in home gross sales to 7,874 items for April. The firm had offered 9,072 items in the home market throughout April 2021, HCIL stated in a press release. Exports final month stood at 2,042 items towards 970 items in April 2021.

"The customer sentiment continues to show improvement and positivity, which is reflected in strong demand. However, the supply chain issues remain a challenge for the industry, which is impacting the ability to meet the growing demand," HCIL Director (Marketing and Sales) Yuichi Murata stated.

The automaker is hopeful that the scenario improves earlier than later in order that the demand-supply equation will be more balanced, he added. "On our new City e:HEV, we have received an overwhelming response from the market, reaffirming the preference for a strong electric hybrid model in the mainstream segment. We will be launching this segment-defining product on May 4, 2023," Murata famous.

(This is an unedited and auto-generated story from Syndicated News feed, SociallyKeeda Staff could not have modified or edited the content material physique)



Stay Tuned with Sociallykeeda.com for more Entertainment information.


To stay updated with the latest bollywood news, follow us on Instagram and Twitter and visit Socially Keeda, which is updated daily.

sociallykeeda profile photo
sociallykeeda

SociallyKeeda: Latest News and events across the globe, providing information on the topics including Sports, Entertainment, India and world news.