Car Sales August 2019: Honda Cars India Records 51.28 Per Cent De-Growth In Domestic Sales
By Shubham Parashar
1 mins read
Published on September 3, 2019
Honda Cars India has recorded a Year-on-Year (YoY) sales decline of 51.28 per cent selling 8291 units of passenger vehicles in the domestic market in August 2019 as compared to 17,020 units it sold a year ago. Along with several other automakers, the Japanese carmaker too is bearing the brunt of the overall slowdown in the auto sector which has taken a toll on its volumes.
Commenting on the industry sales, Rajesh Goel, Senior Vice President and Director-Sales and Marketing, Honda Cars India said, "The auto sector continues to witness high de-growth due to poor consumer sentiment. This is despite the high discounts prevailing in the market which makes it the best time to buy cars. We hope the recent measures taken by the government will help in improving consumer sentiment and demand creation as we move forward. With the impending festive season, the sales are likely to pick-up in coming months."
That said, the decline in volumes is also due the high base Honda recorded last year after launching the second-generation Honda Amaze. The 2018 Honda Amaze stood out to be a blockbuster for the company and almost doubled its monthly sales last year.
Great Deals on Used CarsView All Used Cars
- 41,489 km
- 22,376 km
- 84,000 km
- 77,000 km
- 47,549 km
- 76,000 km
- 76,000 km
- 62,500 km
- 81,000 km
- 85,000 km
-6023 second ago
A strong push during the festive season helped Ola Electric achieve its highest-ever monthly sales, retaining its number-one position in the market.
-3661 second ago
Gauhar Khan and her husband, Zaid Darbar, were pictured together at the dealership in Mumbai while taking delivery of their new Mercedes.
-2991 second ago
Hero MotoCorp’s cumulative sales for November 2023 stood at 491,050 units, witnessing a 25.61 per cent increase year-on-year
-1104 second ago
-526 second ago
The bikemaker’s cumulative motorcycle sales for the year 2023 stood at 621,672 units, reflecting a 13 per cent increase.
27 minutes ago
In the previous month, the automaker sold a total of 11,891 units, marking a growth of 24 per cent as compared to the same month last year.
1 hour ago
At present, India’s largest carmaker holds just a little over 2.06 lakh open bookings, nearly a third of which are for the Ertiga.
2 hours ago
New variant of the Chetak scooter gets some changes as compared to the Premium variant currently on sale.
3 hours ago
The cumulative sales for the Calendar Year 2023 reached 2,10,497 units - a 40 per cent growth over 2022
4 hours ago
While sales were up in comparison to November 2022, Ather reported a 7 per cent decline in sales as compared to October 2023
23 hours ago
The brand has witnessed a dip in sales of 18 per cent when compared to sales from the previous month.
1 day ago
Hyundai has witnessed a month-over-month decline of 4.2 per cent in sales as compared to the month of October 2023
8 days ago
In the Navratri period, India's largest carmaker- Maruti Suzuki sold 96,700 units reporting a growth of 27 per cent in retail sales when compared to 76,000 units retailed in the same period last year.
29 days ago
Last month, Honda Cars India exported 3,683 units, which is a growth of over 119 per cent as against 1,678 units exported in October 2022.
1 month ago
Electric vehicles showcase a continued contribution to sales, accounting for 25 per cent of the total sales