Honda shines bright with its Year-on-Year sales growth accounting to 23% for April 2019. The Japanese carmaker reported a total sales of 11,272 units.
Honda Cars India Ltd. (HCIL) reported a total sales of 11,272 units for the month of April 19′ against 9,143 units for April 18′. This accounts for a total increase of 23% in sales thanks to the second generation Amaze. The Japanese carmaker also exported 220 units in April this year.
Mr Rajesh Goel, Senior Vice President and Director, Sales and Marketing, HCIL said, “due to the lower base effect, as there was no Amaze in the corresponding month last year during model runout. The ongoing elections and overall subdued market sentiment continue to affect the sales momentum”.
He also added, “the industry is heading towards a tougher year impacting sales due to volatility in fuel prices, increase in car prices owing to new regulations and stricter inventory control for the smooth switchover to BS-VI compliance engines by year-end”.
It is true that with the new emission norms, car prices will go up and most leading manufacturers have plans to ditch the diesel engines too. Maruti Suzuki, country’s largest car manufacturer have rolled out its cars, Baleno and Alto 800 with BS-VI compliance engines. They have already made a statement to ditch diesel cars for good.
Volkswagen has also raised its concern over the new emission norms and have plans to ditch the diesel cars and focus on petrol and alternatives fuel like CNG.
Ford, on the other hand, has said they will continue to offer diesel cars post-BS-VI implementation. However, they have launched their sedan, Aspire CNG – the company’s first CNG car to make a shift from diesel if necessary in the future.
Honda plans to bring 6 new models in three years starting from 2018. The Japanese carmaker has already launched new, second-gen Amaze, CR-V and the Civic. Honda Civic is a tenth generation which is available in 1.8L i-VTEC petrol engine and 1.6L i-DTEC diesel engine.
Honda also plans to launch the new HR-V which is still in talks. The SUV will give competition to upcoming MG Hector and already established, Tata Harrier, Jeep Compass and Mahindra XUV500.