Honda records 4 percent increase in FY2022 sales

Honda Cars India, recorded annual domestic sales of 85,609 units during FY2022, recording 4.3 percent growth over last financial year. 

The company had sold 82,074 units during FY2021. The company exported a total volume of 19,401 units during FY2022 as compared to 5,131 units in FY2021, up 278 percent. The company registered monthly domestic sales of 6,589 units and export of 2,243 units in March 22 against 7,103 units in domestic sales and 1,069 units of export in March 21.  Yuichi Murata, Director, Marketing and Sales, HCIL, “The last fiscal year has been a mixed bag for the industry. Every quarter was punctuated with multiple challenges - from the pandemic to paucity, hike in raw material pricing and chip shortage. The industry, however, showed resilience and succeeded in restoring positivity in the market."