Thursday 17 July 2014

Honda – Heading towards No. 3

Honda is all set to become the third biggest car maker in India, behind Suzuki and Hyundai. As per car sales data for the month of June, Honda was behind the current No. 3 i.e. Mahindra & Mahindra by just 464 units. While M & M sold 16780 units during this month, Honda sold 16316 units. M & M is on a slightly declining path, with its sales down 3 per cent compared to the same month last year, Honda sales grew by 75 per cent on account of good sales of Amaze and City. Now, with Honda Mobilio scheduled to be launched on 23rd July, company’s sales figure are very much likely to surpass that of M & M.

Earlier, Honda had only petrol cars to offer and could not sustain the onslaught by the diesel cars. Its sales dwindled month after month and introduction of Jazz just proved to be a disaster because of its price (Rs. 7 lakh), which was right according to the product but people could not digest that a hatchback, a petrol hatchback could be so pricey.

With Amaze, Honda brought diesel engine and affordability for its customers. And that was a success. City was another winning shot for Honda. And if priced right, Mobilio is likely to be another hit from Honda. 

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