Honda Cars India, the world's popular carmaker, released its sales report in June 2019. In the Indian market, the company has sold a total of 10,314 cars in June 2019. Compared with June 2018, the company's total sales of 17,602 units this month were in the domestic market. Meanwhile, sales of Honda Cars declined by 41.4 percent. On the other hand, Honda has exported 252 units in June 2019. Honda Cars is one of India's five big car companies. The impact of the decline in the auto sector is clearly visible on the company's sales. Let us know the full details
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company's sales decline is believed to be the ongoing upheaval in the auto industry. In fact, the auto market has been declining since the beginning of 2019, where sales of other big car companies have also declined. "The auto industry is going through its worst phase," said Rajesh Goyal, senior vice president and director, Sales & Marketing, HCIL, on the sales report. The decline has been recorded for several consecutive months. There is a need for an initiative to increase demand back"
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Earlier, Honda Cars India has sold a total of 11,442 cars in the Indian market in May 2019. Compared with May 2018, the company's total sales of 15,864 units this month were in the domestic market. Meanwhile, sales of Honda Cars declined by 27.87 percent. On the other hand, Honda has exported 450 units in May 2019 which reflects the poor condition of its sales.