Honda's October car sales up 18%; M&M and Ford report slump
01 November 2014
Honda Cars India has reported an 18.08 per cent increase in domestic sales at 13,242 units in October, on the back of rising demand for its compact sedan Amaze, sports utility vehicle Mobilio and workhorse City.
The company sold 11,214 units in October 2013, including 1,584 units of small car Brio, 3,482 units of compact sedan Amaze, 2,985 units of the Mobilio and 5,120 units of the mid-sized sedan City. Besides, the company sold 71 units of sports utility vehicle CRV, Honda Cars India Ltd (HCIL) said in a statement.
Honda Cars exported a total of 357 units during October 2014.
HCIL also achieved a milestone of crossing one lakh units in the current financial year.
Honda recorded an overall growth of 43 per cent during the April-October 2014 period with sales of 1,01,442 units against 70,831 units sold in the corresponding period last year.
Home-grown auto major Mahindra & Mahindra, meanwhile, reported a 15.39 per cent decline in total sales at 42,776 units in October. It had sold 50,558 units in the same month last year, the company said in a statement.
M&M's domestic sales declined by 15.71 per cent to 40,274 units last month as against 47,787 units sold in the year-ago period.
Sales of passenger vehicles including Scorpio, XUV 500, Xylo, Bolero and Verito stood at 19,254 units, compared with 22,924 units in October 2013, down 16 per cent.
Four-wheel commercial vehicle sales were down by 14.68 per cent to 14,812 units in October 2014 as against 17,362 units in the year-ago month, M&M said.
Exports were down by 9.7 per cent to 2,502 units from 2,771 units in the same period a year earlier.
Ford India Ltd, the Indian arm of US carmaker Ford Motors, reported a 22.12 per cent decline in total sales at 11,630 units in October.
It had sold 14,935 units in the same month of last year, Ford India said in a statement.
Ford India said its domestic sales declined 26.62 per cent to 6,723 units in October as against 9,163 units in the same month of last year while exports declined 14.98 per cent to 4,907 units against 5,772 units in the year-ago period.