HSCI registers 24 pc growth in February 2006
New Delhi, Mar 1 (UNI) Automobile company Honda Siel Cars India, announced a 24 per cent growth during February 2006 over the corresponding month last year.
The company sold 2,200 units in February 2006 against 1,775 units in February 2005.
Honda City, the flagship model from HSCI, registered sales of 2,077 units compared to 1,609 units in February 2005, a growth of 29.02 per cent. The Accord sold 97 units and the CRV sold 26 units in February this year.
Talking about the company's performance Rajive Saharia, GM, Sales and Marketing, Honda Siel Cars India Ltd said, ''Though we have clocked good growth for this month, February is traditionally a low-sales month for the automobile industry because customers usually postpone their car purchases till after the budget. As with all other manufacturers, we have been impacted by that. Besides, we also kept a tight control over our deliveries to dealers and held back dispatches in February''.
HSCI is one of the leaders in the Indian premium and luxury car market and Honda City is today recognized as one of the successful car brands in the country. City ZX, the latest version of the City, including the VTEC version, was introduced recently by it.
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