HomeAutoHonda India reports a 7% increase in domestic sales for 2022

Honda India reports a 7% increase in domestic sales for 2022

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Indian automaker Honda Cars India registered an increase of 7 percent in its domestic sales at 95,022 units in 2022.

The company in its statement said, “It has registered an increase in its domestic market sales by 7% with a total sale of 95,022 units as compared to 89,152 units which it sold last year.”

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The company further said, “The domestic sales stood at 7,062 units in December 2022, as against 1,388 units which it sold for the same month last year. While exports grew by 43 percent to 23,428 units in 2022, as compared to 16,340 units which it exported in 2021.”

Speaking on the development, Yuichi Murata, Director of Marketing and Sales, at Honda Cars India Limited said, “Honda City and Amaze continue to drive volumes for HCIL and have posted a strong performance in the year 2022. We had to realign our targets due to a chip shortage, which impacted our products throughout the year.”

“We have stepped into the new year 2023 with renewed optimism assured by the positive performance of last year. As the overall environment continues to be encouraging and positive, the key to success will also depend on how disruptions like chip shortages are controlled. This will help to minimize the business impact,” Murata added.

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Krishna Mali
Krishna Mali
Founder, CEO & Group Editor of TechGraph.
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