Saturday 2 June 2012

Honda India Grows by 342 % in May 2012

 


Honda Siel Cars India Ltd. (HSCI), manufacturer of Honda cars in India, posted a remarkable growth of 342% in May 2012. The company reported sales of 10334 units in the month of May 2012 as  against 2334 units in the corresponding month last year.

The growth is more remarkable due to the fact that other car manufacturers have shown declining trends due to economic slowdown and more over, Honda is a company producing only petrol run cars, whose demand is heading downwards because of comparatively very cheap diesel fuel.

 

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