Auto Sale August 2022: Honda Cars India Reports 30% Drop In Domestic Sales

Honda Cars India has released the monthly sales numbers for August 2022, during which the company's domestic sales stood at 7,769 units. Compared to 11,177 units sold by the company in August 2021, the Japanese carmaker witnessed a massive year-on-year decline of over 30 per cent. On the other hand, Honda exported 2,356 units from India in August 2022, amounting to a 4.1 per cent growth compared to the 2,262 unit export sales achieved during the same month last year.

Compared to 11,177 units sold by the company in August 2021, Honda witnessed a massive year-on-year decline of over 30 per cent.

Yuichi Murata, Director, Marketing and Sales, Honda Cars India Ltd said, “The demand momentum continues to be strong which is very encouraging and positive for the auto industry as we enter the festive season. On the supply side, however, we continue to face hurdles arising out of the global chip shortage which is affecting our production volumes and resulting in the extended waiting period for our models. We are working to align our production to our best efforts to tide over this prolonged shortage.”

In August 2022, Honda Cars India’s total sales stood at 10,125 units, which is a nearly 25 per cent decline compared to 13,439 units.