Auto Sales January 2022: Honda Cars India Records 7.88% Decline In Domestic Market

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Honda Cars India bought 10,427 items in January 2022.

Honda Cars India has recorded a year-on-year (YoY) gross sales decline of seven.88 per cent within the home market in January 2022 promoting 10,427 items as in comparison with 11,319 items bought in the identical month final 12 months. The firm’s exports went up by 39.65 per cent in the identical interval at 1,722 items as in comparison with 1,233 items exported in the identical month final 12 months. Overall (together with home and exports), the corporate bought 12,149 items in January 2022 as in comparison with 12,552 bought in January 2021, a drop of three.2 per cent.

Also Read: Honda Announces Benefits Of Up To Around ₹ 36,000 In January 2022

Yuichi Murata, Director, Marketing and Sales, Honda Cars India Ltd mentioned, “Despite the supply chain and COVID-related challenges, we have started off 2022 on a promising note. The sales in the month of January’22 got partially impacted owing to the weekend-lockdowns in some cities but overall the situation looks positive and steady. All of our production output have been getting dispatched to our dealer partners in time, meeting the demand for the Honda models. The market situation will improve with the reduction in the COVID-caseload as we move forward.”

Also Read: Auto Sales December 2021: Honda Car India Sees 15% Month-on-Month Growth In Sales

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Honda Cars India recorded 20.71 per cent MoM development.

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That mentioned, the gross sales determine in January 2022 is larger than what the corporate bought in December 2021. The Japanese carmaker recorded a development of 20.71 per cent month-on-month (MoM) in January 2022 because it bought 8,638 items in December 2022.

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With inputs from NDTV

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