Honda Cars registers 24% sales growth in November to clock 8,734 units
The Japanese carmaker claims having witnessed a surge in demand during the festive season with its latest entrant Elevate receiving high customer consideration.
Honda Cars India (HCIL) has registered a 24 percent year-on-year sales growth in November, to clock domestic volumes of 8,734 units (November 2022: 7,051). The Japanese carmaker, which introduced its latest entrant - the Elevate midsize SUV - earlier this year in September, says it witnessed a surge in demand for the SUV during the festive season.
According to Yuichi Murata, Director, Marketing & Sales, HCIL, "Our product line-up saw a good surge in demand throughout the festive period. Our new SUV Elevate has been well received by the market with very high customer consideration. We are confident to carry forward this growth momentum for the rest of the year."
The 4.3-metre-long Elevate rivals the Hyundai Creta, Kia Seltos, Maruti Suzuki Grand Vitara, and Toyota Urban Cruiser Hyryder. The SUV comes with a sole petrol-only engine option, mated to either a CVT or a 6-speed manual transmission. Honda offers camera-based ADAS features on the Elevate, including lane-keep assist, adaptive cruise control, and lane-departure warning.
In terms of exports, HCIL shipped 3,161 units in November 2023, registering a substantial 335 percent year-on-year growth on a low base of 726 units in November 2022.
RELATED ARTICLES
UP Cabinet Approves 1,725 Electric Buses Across 18 Cities
Uttar Pradesh state government sanctions Gross Cost Contract model deployment with up to Rs 40 lakh subsidy per bus and ...
ICRA Reaffirms Ashok Leyland Ratings Across Rs 7,379 Crore Debt Instruments
Credit rating agency ICRA maintains AA+ rating with stable outlook for commercial vehicle maker's long-term bank facilit...
Federal-Mogul Goetze Appoints Sachin Duggal as Additional Director Amid Board Changes
Federal-Mogul Goetze appoints Tenneco Vice President Sachin Duggal to board and names Irfan Ali as Key Managerial Person...



01 Dec 2023

Autocar Professional Bureau