Car Sales October 2021: Honda sees 20% sales growth in September 2021; 25% drop in sales year over year

Honda Cars India’s total domestic sales in October 2021 stood at 8,108 units, a decline of 25 per cent as compared to 10,836 units during the same month in 2020. However, compared to 6,765 units sold in September 2021, the company saw a month-on-month- growth of 20 per cent in the month.


Honda's domestic sales stood at 8,108 units in October 2021, while exports reached 1,747 units

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Honda’s domestic sales stood at 8,108 units in October 2021, while exports reached 1,747 units

Honda Cars India has released the monthly sales numbers for October 2021. Last month, the company’s domestic sales stood at 8,108 units, a decline of 25 per cent in 2020 as compared to 10,836 units during the same month. However, compared to 6,765 units in sales. The company saw a month-on-month growth of 20 per cent in September 2021. The company says it is currently facing challenges due to supply constraints caused by a global shortage of semiconductor chips.

Read also: Honda Motor Company to set up a new subsidiary for battery sharing business in India

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Compared to 6,765 units sold in September 2021, the company saw a month-on-month growth of 20 per cent in October 2021.

Read also: Car Sales September 2021: Honda Cars India Records 33.66 Percent Decline

Commenting on the October 2021 sales performance, Rajesh Goel, Senior Vice President and Director, Marketing and Sales, Honda Cars India Limited said, “In terms of demand, festive shopping is gaining momentum as last year and is showing decent momentum. During October 2021 our factory grew by 20 per cent as compared to September 2021 and we have completed our Were able to wholesale. Monthly factory stock. Although the situation still remains dynamic due to supply-side challenges, we are making every effort to maintain a steady delivery pace and effectively meet market demand Huh.”

Read also: Planning to buy a used Honda Jazz? pros and cons here

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As for exports, Honda Cars India exported a total of 1,747 units in October 2021. In comparison, the company exported only 84 units during the same month in 2020, thus witnessing massive YoY growth. However, a more appropriate comparison would be with the September 2021 exports, which stood at 2964 units. In comparison, the company saw a fall of 41 per cent in MOM.

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