Heena Sharma Blog

Honda Cars India expects to end the ongoing financial year with 8 per cent sales growth on account of good performance of its compact sedan Amaze, according to a senior company official. The company, which has completed the sedan line-up with the launch of the latest version of its Civic sedan priced between Rs 17.7 lakh and Rs 22.3 lakh, is also looking to fill gaps in its SUV line-up going forward to make a bigger presence in the Indian market. "In the April to February period this fiscal, our sales have grown 6.5 per cent. We expect to sell around 17,000 units in March taking our overall sales to 1.8 lakh units for the year," Honda Cars India Ltd (HCIL) President and Chief Executive Officer Gaku Nakanishi told PTI. further said it would translate to a growth of 8 per cent from 1.7 lakh units sold last financial year. During the ongoing year after a good start, there has been a slowdown in automobile sales in the latter half due to various factors, including

Japanese auto maker Honda Wednesday said it will launch the latest version of Civic model in India next month, thus completing its sedan lineup in the country. With sedans -- Amaze, City, Accord and the upcoming Civic -- the company will have four products across various price points to cater to a wide range of customers. Honda, which is present in the country through wholly- owned subsidiary Honda Cars India Ltd (HCIL), will now look at bolstering its presence in other segments, including SUVs. "With Civic, which will be launched next month, we will be completing our sedan lineup in India," HCIL President and CEO Gaku Nakanishi told reporters here. Honda had discontinued the Civic sedan in India in 2013 after selling around 55,000 units since its launch in 2006. Elaborating further on the company's future product strategy, HCIL Senior Vice President and Director (Sales and Marketing) Rajesh Goyal said with sedan lineup complete for the time being, the co