The good news for Honda, sales increased by 23%

The Japanese car making company Honda, has today come up with the good news in the market. The company has declared that it has achieved significant growth in its sales in the Indian auto market. This news arrived at a very right time when the industry needs a boost in sales. It will be having a great positive effect on the overall auto market and the industry players will be able to feel a bit relieved. The company has declared various figures of its different models and its variants which are very much positive. In general, as per the company figures it has sold 22696 units in the month of March and accordingly the increase in sales is 23%

The company has revealed the figures in deep with every model. In the small car segment the company had sold 1642 units in the last month. So far as the sale of compact Sedan Amaze is concerned, there were 8128 units sold. One more model which is considered as a hit model in the market Honda Mobilio had also performed well with the sales of 3049 units. The company has also sold 9777 units of another model City which is considered as a mid-sized sedan in the auto market.

On the Wednesday the company had informed that there was a 23.17 percent increase in its domestic sales. In terms of units there were 22696 units sold by the company. In the same period last year the company had aggregate sales of 18426 units which means the company is able to gain 23% more sales this year.

The last year in the month of March the company was able to sell 1642 units of Brio and 8128 units of Amaze. There were 3049 units sold by Mobilio and 9777 units by mid-sized Sedan City were also sold. The sale of the CR – V was limited to 100 units, while 691 units were exported.

In the current year Honda had sold 189062 units which were 134339 units last year. In percentage it is an increase of 40.73%

The company has good figures for its export also. The export of the company also has increased in the current year. There were 5798 units sold last year, while in the current year the export sales are 8403 units. This depicts a significant increase in export as well as domestic sales. The data of the company are much helpful to a number of agencies such as market experts and other players of the auto segment. There are no doubt a number of factors function behind these figures, such as the quality of the product, company sales policy, features of the products, sales team, marketing policy, competition level, launching of new models, as well as fuel prices and condition in the market.

However, the most benefit to the company is its brand name and quality of product which even the competitors have to accept as a matter of fact.