New Delhi, July 4 (IANS) Passenger cars manufacturer Honda Cars India (HCIL) on Tuesday reported that its domestic sales grew by 12.2 per cent in June.
According to the company, its monthly domestic sales increased to 12,804 units during the month under review from 11,407 units sold in corresponding month last year.
“HCIL conducted a price protection in June to those customers who purchase cars before GST roll out in order to counter the sales challenge during pre-GST period. It helped us maintain good sales numbers,” said Yoichiro Ueno, President and CEO, Honda Cars India.
“We foresee that the GST rollout, good monsoon forecast and upcoming festive season will further improve the buyers’ sentiment.”